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Buying Swing: entered TSLA 265 calls butterfly body at 1.30

Posted: Mon Sep 15, 2014 1:40 pm
by MMASSASSIN
Buying Swing: entered TSLA 265 calls butterfly body at 1.30 area for our 262.50 and 275 wings, this gives us credit risk so will have a 2x mental stop on this short, meaning that if it gains .35 cents would again exit the body short. we failed to hold the old lows.

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 !!