Buying Swing: correction buying TSLA 260 255 250 pOB 2x OVE
Posted: Mon Mar 27, 2017 12:32 pm
Buying Swing: correction buying TSLA 260 255 250 pOB 2x OVERSIZED call open body butterfly with a .50 spread in mind. this means both long legs, and a mental stop of 2x oversized on the 260 puts to enter into the body. That means a 50 cent loss for the 260 put entry is where we would have to enter the butterfly body.
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 !!
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 !!