Buying Swing: buying 295 weekly calls at .60 .all option

Here is where we post regarding stock picks on our swing trading ideas, from multi-day to multi-week both stock and option calls and puts, on the Nasdaq or NYSE.
User avatar
MMASSASSIN
Trading for living
Posts: 5599
Joined: Thu Jan 29, 2009 1:30 am
Contact:
Contact MMASSASSIN

Buying Swing: buying 295 weekly calls at .60 .all option

Post by MMASSASSIN »

Buying Swing: buying 295 weekly calls at .60 .all options are to expensive and the point to pass is 280. So unless we get break even or profitable quieter we won't explode. But for incase we do all I'm buying is a lot ticket with 295 weekly calls at .60. This is probably trowing away money but its insurance since I will hold no Tesla position whatsoever overnight into earnings other than this 4x oversized stake.

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 !!
Top

Return to “Swing for the Fences”