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Buying Swing: turned TSLA 236 240 245 cB into cO2B by cover

Posted: Thu Jun 26, 2014 10:09 am
by MMASSASSIN
Buying Swing: turned TSLA 236 240 245 cB into cO2B by covering 1/2 the body at 1.95 area. We see a lot of market risk but TSLA should be able to trade strong against the market. TSLA is well placed to have a strong continuation run after shaking out this morning, but ofcorse it would be harder when its fighting the market.
Now it seams the AAPL puts positions from friday are hovering around max profit territory, those serve as market hedge as well.

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 !!