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Buying Swing: adding TSLA 260 calls 2x oversized strait lon

Posted: Mon Jan 30, 2017 3:58 pm
by MMASSASSIN
Buying Swing: adding TSLA 260 calls 2x oversized strait long and TSLA 240 puts also 2x oversized strait long creating a slightly uneven strangle. We see that TSLA is at an important breaking or pull back level, a pass on wave theory higher calls for breakout and a bearish move calls for continuation of bearish multiway channel and break down . We wil also add since there cheap 2670 calls as many as 260 add and 230 puts as much as the 240 add so that we have further open body butterflies in place.

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 !!