Buying Swing: buying long leg of TSLA 195 192.50 pDS at 2.2

[MMASSASSIN]

Buying Swing: buying long leg of TSLA 195 192.50 pDS at 2.20-.25 with .53 spread in mind. This is a bearish hedge on our calls strategy we entered Thursday where we have a butterfly right here at 200 and additional bullish plays above it. Again I saw last week as a big bullish opportunity on TSLA, quite possibly the last time we ever see TSLA at those low levels again . It may soon begin the fun ride to 300. So with all that said we have a mental stop on the puts hedge at .53 below entry. As I send this out we are close to being stopped out already, that's a told thing.mental stop around 1.70 area. If we get there we might buy 200 puts as to double short 197.50 puts as a butterfly.

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 !!