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Buying Swing: buying TSLA 190 calls at .80 area same contra

Posted: Tue Feb 23, 2016 10:24 am
by MMASSASSIN
Buying Swing: buying TSLA 190 calls at .80 area same contract amount we sold to butterfly yesterday . The intention is to sell these options before the close. The next TSLA level of real resistance is 185.68, thats a aggressive level we could see if the market was to bounce believe it or not, intraday. We think this market fall should not bring TSLA down but instead delays her bullish continuation .

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 !!