Selling Swing: Covering short of 660 puts at 3.50 from 7.55 entry. We still have both 690 and 670 long weekly puts so

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MMASSASSIN
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Selling Swing: Covering short of 660 puts at 3.50 from 7.55 entry. We still have both 690 and 670 long weekly puts so

Post by MMASSASSIN »

Selling Swing: Covering short of 660 puts at 3.50 from 7.55 entry. We still have both 690 and 670 long weekly puts so we can now quickly short 680 as to have a proper butterfly there at any time if TSLA continues to look for bounce. Unfortunately was not able to create the 3 wing butterfly yesterday the the close on the baby 1k to 1mill challenge account and only this debit that we are now removing the short of.

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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