Selling Swing: shorting TSLA 237.50 calls at 1.30 ( same co

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MMASSASSIN
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Selling Swing: shorting TSLA 237.50 calls at 1.30 ( same co

Post by MMASSASSIN »

Selling Swing: shorting TSLA 237.50 calls at 1.30 ( same contract amount as the TSLA 240 we covered earlier. This reduces profit potential and adds a credit risk. Hate to do this here at support but don’t want to increase loss potential.We still have a credit on puts up to 240 so we have a big profit driver if we gap overnight to offset this exposure.

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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