Buying Long Term: HUGE BEARISH PROTECTION LONG TERM today we will continue on TSLA with a 155 140 125 cOB with 1.20 spread in mind. meaning were taking another big bearish position as a protection on our single largest long term stock position. If we were to get a market fall and this is the reason we protect our largest long term stake. We would want to be able to create a low risk credit if a fall was to happen sooner than latter to profit from bounce possibilities. This will leave a huge bearish exposure necessary at such critical market areas. We waited 4 years before the IPO to position into what we knew would be our largest long term stake. With the majority of entries at 15-16 bucks , 18.00 and 27.00, with enterys that low during possible market bearish shifts we wish to protect our golden Goose.
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 !!
Buying Long Term: HUGE BEARISH PROTECTION LONG TERM today w
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