Buying Swing: to protect long term profits on calls we wis

Here is where we post regarding stock picks on our swing trading ideas, from multi-day to multi-week both stock and option calls and puts, on the Nasdaq or NYSE.
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MMASSASSIN
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Buying Swing: to protect long term profits on calls we wis

Post by MMASSASSIN »

Buying Swing: to protect long term profits on calls we wish to today start some bearish protection bets into next month Feb Puts a debit and a credit
feb 155 pDS at around 1.14 spread.
and feb a 155 140 125 puts butterfly at around 1.65 spread.
So on the debit max profit is 338 %
and the butterfly max profit is 809% profit
if you have crazy heavy exposure TSLA then on top of that protection also add 135 puts strait long

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 !!