Buying Swing: to protect long term profits on calls we wis
Posted: Fri Jan 24, 2014 1:31 pm
Buying Swing: to protect long term profits on calls we wish to today start some bearish protection bets into next month Feb Puts a debit and a credit
feb 155 pDS at around 1.14 spread.
and feb a 155 140 125 puts butterfly at around 1.65 spread.
So on the debit max profit is 338 %
and the butterfly max profit is 809% profit
if you have crazy heavy exposure TSLA then on top of that protection also add 135 puts strait long
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 !!
feb 155 pDS at around 1.14 spread.
and feb a 155 140 125 puts butterfly at around 1.65 spread.
So on the debit max profit is 338 %
and the butterfly max profit is 809% profit
if you have crazy heavy exposure TSLA then on top of that protection also add 135 puts strait long
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 !!