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Buying Swing: Next Week Strategy buying long leg of 145 14

Posted: Thu Dec 19, 2013 1:25 pm
by MMASSASSIN
Buying Swing: Next Week Strategy buying long leg of 145 146 cDS at 2.30-.40 area with a .35 spread in mind.We will enter the short leg before the close if were not stopped out. Since the risk is a full oversized at .35 cent spread that means mental stop 2.00 . So TSLA is close to the day lows, if we lose the lows then will quickly stop out and wait for a renter op. We have held the 140.80 support area so far. First bullish bet for next week.

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 !!