Buying Swing: buying TSLA 230 calls here same contract amou

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MMASSASSIN
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Buying Swing: buying TSLA 230 calls here same contract amou

Post by MMASSASSIN »

Buying Swing: buying TSLA 230 calls here same contract amount as the 235 calls to create a cOB call open body butterfly. The intention is to later double short the 232.50 calls or turn this into a free credit if we get a move strong enough to allow us to short 225 calls at a price of 6.35 or better.

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 !!
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