Buying Swing: buying TSLA 215 calls at 2.70 area same contr

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MMASSASSIN
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Buying Swing: buying TSLA 215 calls at 2.70 area same contr

Post by MMASSASSIN »

Buying Swing: buying TSLA 215 calls at 2.70 area same contract amount as the 220 calls with a 2X OVERSIZED mental stop. We are already very exposed bullishly but we have the possibility of not only a bounce but a rally from here since were sure to have a new batch of shorters getting trapped after the consumer reports episode. With a larger fresh crop of bears trapped it gives us a uniq short covering rally possibility on TSLA.

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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