Buying Swing: TSLA next week strategy
TSLA 195 200 205 cB call butterfly 2x oversized
TSLA 200 calls 2x oversized strait long
TSLA 205 strait long kicker 2X oversized
We will have intersecting legs at 200 opening up the butterfly body.
TSLA has had weakness ever sense it had blow out earnings and nothing but positive news. The Trump election has been used as a alt energy bearish excuse even though TSLA is well placed to do well without government incentives. This is 6x oversized very aggressive positioning but at open if we have a gap up on Monday , then we will look to protect positioning.
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 !!
Buying Swing: TSLA next week strategy TSLA 195 200 205 cB
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