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Selling Swing: turned TSLA 235 240 245 cO2B into cB by shor

Posted: Wed Jun 25, 2014 4:20 pm
by MMASSASSIN
Selling Swing: turned TSLA 235 240 245 cO2B into cB by shorting 240 calls at 1.90 area, also we entered TSLA 23- 225 220 pB at .32 . This could be a strong week with well over 30x profit if we see 240 as final pin, and with a puts credit we have about 9x on a pullback but would like to augment the bearish hedge even though we look strong.

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 !!