Buying Swing: TSLA next week bullish strategy. We already

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.
User avatar
MMASSASSIN
Trading for living
Posts: 5599
Joined: Thu Jan 29, 2009 1:30 am
Contact:

Buying Swing: TSLA next week bullish strategy. We already

Post by MMASSASSIN »

Buying Swing: TSLA next week bullish strategy.
We already have week long calls 260 270 280 290.
The shorts were al for this week and they will all expire at max profit so now we turn all existing long legs into a big butterfly by
shorting 272.700 calls
next week calls against all long legs.
plus buying 275 285 295 cCB
same contract amount as one of the long legs. Long are 2 weeks away and the shorts expire next week.

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 !!