Buying Swing: a recap of todays positioning covered full bo

[MMASSASSIN]

Buying Swing: a recap of todays positioning
covered full body TSLA 235 calls at .40 area
(that turned the 230 235 240 cB into cOB call open body butterfly)

bought TSLA 220 calls at 4.70 area same contract amount as 230 wing
(by buying same contract amount as the 230 wing it creates a new 220 225 230 cOB call open body butterfly, bear in mind now at open once we did this everything was exposed bullishly. We did this because as mentioned pre open 118 was a huge bullish support line .)

Shorted TSLA 225 calls at 5.50 double the contract amount of the 220 calls
(We had the play exposed till the bounce seamed to big to ignore and we entered the double short intern locking in about 18X OVERSIZED profit minimum, with higher profit potential if we were to see a final magnet of 225 on friday. Remember the full value was every .35 was an oversized.)

Now moving on to SPY
To start we must recall the positioning we did friday witch was
189 188 pDS
186 185 pDS
Yes we were betting last friday that we could fall below 185 this week and this morning that positioning was yielding 1500% profit potential. Yea I know its been a good week but we wanted to protect the position when we hit the very important trend line at 184.40. Our plan was similar to the one with AAPL where all we wanted was a quick bounce from a huge fall on an open at support. so we did the following.

Bought SPY 185.50 calls at 1.40 area same contract amount as the 186 185 pDS to serve as hedge if we bounced.
(this strait long has to be huge meaning every .10 is oversized. So if we were to have fallen .20 then we would of been forced to quickly cover a 2x loss. Not a big deal when you have 15x you can make on the puts debits.)

Bought SPY 188.50 calls at .60 area same contract amount as the 185.50s and
Shorted 187 calls at 1.40 area twice the contract amount.
( Again SPY del to support and all we wanted was protection so first that huge 185.50 buy,then when we bounced we were at one time up 10 OVERSIZED on the long 188.50 because of the pure size.
ok simple math 1.40 times 2 mimus .60 and minus 1.40.
That now leaves us with .80 so we have 8x Oversized profit on that intraday positioning guaranteed with a max profit potential of 23X Oversized.

Both TSLA and SPY plays all happened during rookie hour ).
Today has been a good day )

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 !!