Buying Swing: into TSLA Es we already have bullish position

Here is where we post regarding stock picks on our swing trading ideas, from multi-day to multi-week both stock and option calls and puts, on the Nasdaq or NYSE.
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MMASSASSIN
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Buying Swing: into TSLA Es we already have bullish position

Post by MMASSASSIN »

Buying Swing: into TSLA Es we already have bullish positions now wish to create bearish protection.
We will do a calendar debit spread where the long is 210 puts this week and the short is 200 next week puts. Plus a 200 195 this week regular debit spread.
TSLA Es bearish protection
TSLA 210 200 CpDS
210 is this week 200 is next week
TSLA 200 195 pDS

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 !!