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Buying Swing: covering short leg of TSLA 215 220 cCS at 4.5

Posted: Fri Jul 11, 2014 10:37 am
by MMASSASSIN
Buying Swing: covering short leg of TSLA 215 220 cCS at 4.50-5.10 locking in profits on the short leg of our tala call credit spread to again position keep the bluish 220 calls exposed. I feel that we held support again and strength should be seen this friday to break us out of the obvious 220 expiration magnet.

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 !!