Buying Swing: buying TSLA 770 puts 10X oversized at 3.90 ar

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:
Contact MMASSASSIN

Buying Swing: buying TSLA 770 puts 10X oversized at 3.90 ar

Post by MMASSASSIN »

Buying Swing: buying TSLA 770 puts 10X oversized at 3.90 area . TSLA opened up the CA factory in defiance of the county, but technically this gap up takes us right to the top of the most important formation TSLA has had in half a year. We bought puts yesturday and are down dramatically on them close to similar contract amount at 740 strike, I did not have a mental stop on them. Now we have 2 wings of a possible butterfly down the line.

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 !!
Top

Return to “Swing for the Fences”