Selling Swing: turning TSLA 355 call strait long 10x oversi

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MMASSASSIN
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Selling Swing: turning TSLA 355 call strait long 10x oversi

Post by MMASSASSIN »

Selling Swing: turning TSLA 355 call strait long 10x oversized into a 355 360 365 cB call butterfly by buying 365 and double shorting 360 calls. We are also buying TSLA 250 puts same contract amount as the call long legs to hedge . Huge smiles in buying 355 calls friday.

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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