Buying Swing: TSLA earnings bearish strategy 250 240 230 pB
Posted: Tue Aug 04, 2015 12:55 pm
Buying Swing: TSLA earnings bearish strategy
250 240 230 pB put butterfly 2X OVERSIZED
240 230 220 pB 1X OVERSIZED
235 puts strait long
TSLA into earnings we wish to have strong bearish protection as well as strong bullish positioning, this is the bearish side. Yes there are intersecting legs so please lay out the play and do the math since 240 short vs long and 230 long vs short brings about a larger profit potential all the way down to 220 with less areas of profit loss.
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 !!
250 240 230 pB put butterfly 2X OVERSIZED
240 230 220 pB 1X OVERSIZED
235 puts strait long
TSLA into earnings we wish to have strong bearish protection as well as strong bullish positioning, this is the bearish side. Yes there are intersecting legs so please lay out the play and do the math since 240 short vs long and 230 long vs short brings about a larger profit potential all the way down to 220 with less areas of profit loss.
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 !!