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Buying Swing: TSLA next week bearish strategy buying TSLA

Posted: Fri Apr 15, 2016 2:09 pm
by MMASSASSIN
Buying Swing: TSLA next week bearish strategy
buying TSLA 230 puts 5X OVERSIZED
220 puts same contract amount
this create a cOB call open body butterfly
if you put the bullish and bearish strategies together you see we have a strangle type positioning. The best bet into a second weekly doji

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 !!