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Buying Swing: TSLA puts already at 1x loss so were repositi

Posted: Tue Jun 17, 2014 10:25 am
by MMASSASSIN
Buying Swing: TSLA puts already at 1x loss so were repositioning by buying 230 puts at 3.45 area same contract amount as the 225 puts and will double short the 227.50 soon, preferably on a small snap down. Creating a butterfly .

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 !!