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Buying Swing: buying TSLA 235 calls at 1.40 area same contr

Posted: Wed Nov 05, 2014 10:16 am
by MMASSASSIN
Buying Swing: buying TSLA 235 calls at 1.40 area same contract amount of yesterdays 245 add with intention of double shorting the 240 calls before the close. Yesterday we went into a 245 247.50 cDS. Now we wish to exit that short leg and instead bring in a butterfly with final legs 235 240 245 on top of the strategy from friday.

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 !!