Buying Swing: covering short leg of TSLA 220 215 pDS = put
Posted: Mon Jun 23, 2014 9:46 am
Buying Swing: covering short leg of TSLA 220 215 pDS = put debit spread from friday at .80 area. After we did so TSLA passed 230 resistance so rather than take a loss on long leg we short here 217.50 puts at .80 keeping the exposure on spread the same.
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 !!