Buying Swing: TSLA strategy so far last week friday we boug
Posted: Wed Jan 04, 2017 11:57 am
Buying Swing: TSLA strategy so far
last week friday we bought TSLA 220 calls 10x oversized strait long and yesterday we bought 230 calls same contract amount to create a COB call open body butterfly. Today we are entering the calls body here.
We also bought TSLA 230 235 240 cB 3x oversized since we felt so bullish, now we are covering that short body so we have continuation potential and we can later remove 220 call body profits of the table and just leave a credit . It would be ideal to exit the 220 calls closer to 10 bucks
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 !!
last week friday we bought TSLA 220 calls 10x oversized strait long and yesterday we bought 230 calls same contract amount to create a COB call open body butterfly. Today we are entering the calls body here.
We also bought TSLA 230 235 240 cB 3x oversized since we felt so bullish, now we are covering that short body so we have continuation potential and we can later remove 220 call body profits of the table and just leave a credit . It would be ideal to exit the 220 calls closer to 10 bucks
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 !!