Selling Swing: we sold TSLA 260 calls and added to the TSLA
Posted: Tue Feb 07, 2017 11:43 am
Selling Swing: we sold TSLA 260 calls and added to the TSLA 265 calls short against the 270 long calls creating a huge credit spread and locking in the 260 calls profits from last weeks strategy. so now instead of a 260 265 270 cB with kickers on both 270 and 260 we now leave on only the 265 270 cCS call credit spread financed by 260 call profits but knowing we must enter back the 260 cals on any sign of strength.
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 !!
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 !!