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Buying Swing: buying TSLA 330 puts 10x oversized strait lon

Posted: Tue May 30, 2017 11:22 am
by MMASSASSIN
Buying Swing: buying TSLA 330 puts 10x oversized strait long puts with a 2x mental stop. We already have max profit on TSLA set at 235-240 on our call combined butterflies from last week and this will hedge us on any pull back. We keep the long kicker exposed since this is a new all time high breakout.

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 !!