Buying Swing: buying TSLA 220 puts at 1.55-.65 same contrac

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MMASSASSIN
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Buying Swing: buying TSLA 220 puts at 1.55-.65 same contrac

Post by MMASSASSIN »

Buying Swing: buying TSLA 220 puts at 1.55-.65 same contract amount as TSLA 220 225 230 call butterfly, and that is the same contract amount as the 215 220 cCS call credit spread we just got for gar anted profit and 14x return potential. So on all 3 of these positions we now have .40 as spread in mind on each one. Now this means our valet of death is at 220 exactly, we still make money there but the least since thats the worst spot for our strategic positioning now. Remember this 220 put position adds to the positions we entered into on friday.

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 !!
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