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Buying Swing: correction call debit spread, NEXT WEEK strat

Posted: Wed Jul 02, 2014 3:12 pm
by MMASSASSIN
Buying Swing: correction call debit spread, NEXT WEEK strategy buying long leg of TSLA 240 242.50 cDS at 2.10-.20 with .47 spread in mind. We see 229.90 as a big support level, we may lose it but would see a wick on weekly as more likely. as I send this were much lower at 227.80. Still see the pullback as a bullish opportunity.

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 !!