Buying Swing: turning TSLA 315 320 325 cB into cOB by cover

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.
User avatar
MMASSASSIN
Trading for living
Posts: 5599
Joined: Thu Jan 29, 2009 1:30 am
Contact:

Buying Swing: turning TSLA 315 320 325 cB into cOB by cover

Post by MMASSASSIN »

Buying Swing: turning TSLA 315 320 325 cB into cOB by covering the 320 body at .33-.35. We want to enter the 310 calls if the price gets right to help hedge our 305 put butterfly from friday.

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 !!