Page 1 of 1

Buying Swing: buying TSLA 230 calls at 1.60 same contract a

Posted: Thu Jun 19, 2014 2:05 pm
by MMASSASSIN
Buying Swing: buying TSLA 230 calls at 1.60 same contract amount as the remaining 235 calls from yesterday with intent of double shorting the 235 calls at the close. Now once we double short we are actually removing the 235 long and adding a single short where 240 remains as a kicker. this moves the exposure to lower strikes.

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 !!