Buying Swing: TSLA calendar protection. TSLA had its event

Here is where we post regarding stock picks on our swing trading ideas, from multi-day to multi-week both stock and option calls and puts, on the Nasdaq or NYSE.
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MMASSASSIN
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Buying Swing: TSLA calendar protection. TSLA had its event

Post by MMASSASSIN »

Buying Swing: TSLA calendar protection.
TSLA had its event and predictable fall, so with high premiums into earnings we must have more complexity when protecting calendar 195 June short.
Those with no calendar can do the same 1x
195 190 185 pB
(same contract a out as June 195 short)
187.50 strait long
(same contract a out as June 195 short)
--- following is for everyone into ES
195 190 pDS
210 200 190 pB 2x oversized
Yes eats into the short slightly on both calendar and debit.
205 200 pDS

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 !!