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Buying Long Term: we are turning TSLA December 270 300 330

Posted: Fri Oct 03, 2014 1:57 pm
by MMASSASSIN
Buying Long Term: we are turning TSLA December 270 300 330 cB into cOB by covering the full 300 body here at 5.40 area. We are doing this since there is a TSLA event coming and with the market creating a weekly shakeout candle bellow the trend line with body above we have to lock in some of these calls short profits. We will keep the 270 and 330 dec calls legs exposed bullishly from here on in into the event. This is the D event, perhaps just soul motors or perhaps a new model car. If its a new car then we can run, if its just all wheel drive then it could be disappointing to markets.

This trade is one part of a larger strategy so please look back at Previous posts to see the whole picture. AND IF YOU ARE NEW, PAPER TRADE FOR AT LEAST A FEW MONTHS because this is ADVANCED OPTIONS TRADING !!