Buying Swing: /b buying TSLA 210 212.50 cDS 1x oversized at

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MMASSASSIN
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Buying Swing: /b buying TSLA 210 212.50 cDS 1x oversized at

Post by MMASSASSIN »

Buying Swing: /b buying TSLA 210 212.50 cDS 1x oversized at around .16 and a 215 call position start long around .16 same contract amount. This would leave us with 2x oversized additional bullish risk bullishly.
We see TSLA as recovering after the event and with EXTREMELY HIGH TSLA short interest the possibility of a big rally on TSLA is higher than usual. What this dose is remove some of the 215 short leg from the butterfly from friday, locking in some profits while increasing bullish 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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