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Selling Swing: turning TSLA 250 245 240 pOB put open body b

Posted: Mon Jan 23, 2017 12:24 pm
by MMASSASSIN
Selling Swing: turning TSLA 250 245 240 pOB put open body butterfly into a pB by shorting 245 calls at 2.65-.75 . Huge smiles playgrounds ) But remember TSLA is still in a larger breakout so we used this pul back to only protect from theta decay with this puts strategy.

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 !!