Buying Long Term: buying TSLA 240 Oct monthly puts 2X overs

(Long Term Positions) Here you find the big Idea stock picks, the holders, why how and when. You could argue the big money is in finding the big idea of tomorrow today before the market resizes it even exists, this is where I believe you can really turn money into wealth.
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MMASSASSIN
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Buying Long Term: buying TSLA 240 Oct monthly puts 2X overs

Post by MMASSASSIN »

Buying Long Term: buying TSLA 240 Oct monthly puts 2X oversized and the same contract amount of the TSLA 220 Oct puts. TSLA has today hit 61.8 % fib extension on an extension that began on 11-25-2013 , this is a huge technical point and we are doing some bearish protection bets from here into October and next week. Remember many of us made this our single largest long term position from 16s 20s and 27 so we must do aggressive bearish protection since we still have no intention of selling any stock for another 4 years at least .

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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