Buying Swing: buying long leg of 210 207.50 cDS at 2.10 av
Posted: Tue Apr 29, 2014 10:38 am
Buying Swing: buying long leg of 210 207.50 cDS at 2.10 average with .40 spread in mind. my the time I send this we are well over an oversized loss. Usually discipline would dictate we get stopped out at 1x loss, but were making an exception today. This is since we are above the declining weekly trend line, if this trend line is retested we will buy 205 calls same contract . Even if trend line is not reached but we hold these levels we would consider the 205 longs since the possibility of a bullish TSLA shift seams high.
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 !!
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 !!