Buying Swing: TSLA this week and next week strategy beginni
Posted: Fri Oct 07, 2016 11:23 am
Buying Swing: TSLA this week and next week strategy beginning
buying TSLA 200 calls at .18 area 4x oversized . and next week 210 calls same contract amount.
next weeks position will be very aggressive but we have the flexibility to with a calendar open body butterfly from here.
This weeks will serve as a day trade but if we had an aggressive bounce I would want to enter a credit short for this week by shorting closer in calls
2X mental stop on the 200 calls
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 !!
buying TSLA 200 calls at .18 area 4x oversized . and next week 210 calls same contract amount.
next weeks position will be very aggressive but we have the flexibility to with a calendar open body butterfly from here.
This weeks will serve as a day trade but if we had an aggressive bounce I would want to enter a credit short for this week by shorting closer in calls
2X mental stop on the 200 calls
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 !!