Buying Long Term: buying TSLA 315 325 335 October cB for ar
Posted: Tue Sep 02, 2014 3:45 pm
Buying Long Term: buying TSLA 315 325 335 October cB for around .50 spread. This is meant to work as a hedge on our 270 300 330 cB Decembers that are up strongly now. We already have the january 300 kicker but this helps us out if TSLA strength continues and we look to bypass the butterfly by december. And it makes premium decay our friend.
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 !!
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 !!