Selling Swing: shorted TSLA 230 puts again at 4.10-3.50 tha
Posted: Wed Mar 23, 2016 11:36 am
Selling Swing: shorted TSLA 230 puts again at 4.10-3.50 that we had exposed today at 1.30 turning TSLA 235 230 225 pOB = put open body butterfly into a pB = put butterfly. Huge smiles on that , plus we bought TSLA 235 calls same contract amount as the previous long legs at .50 area. We pulled back nicely to that rising trend line support that we posted chart of earlier. If we were to continue lower then the 220 puts kicker can work as a hedge.
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 !!
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 !!