Buying Swing: bought long leg of TSLA 205 202.50 pDS puts a

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MMASSASSIN
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Buying Swing: bought long leg of TSLA 205 202.50 pDS puts a

Post by MMASSASSIN »

Buying Swing: bought long leg of TSLA 205 202.50 pDS puts at 1.35 area with a .50 spread in mind. As I send this our were close to 1x loss on her already and were considering buying the 200 puts same contract amount to create a pOB open body butterfly. This way if we move higher we bring down risk entering double short, and if we pull back we have a stronger bearish hedge on our bullish positions from friday. By the way big smiles on positions from friday ). those were TSLA 210 215 cDS, TSLA 210 215 220 cB and TSLA 220 225 cDS. so everything was bullish into today. Huge smiles on AAPL as well.

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 !!
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