Buying Swing: buying 740 puts at 4.00 this week expire 10X

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.
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MMASSASSIN
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Buying Swing: buying 740 puts at 4.00 this week expire 10X

Post by MMASSASSIN »

Buying Swing: buying 740 puts at 4.00 this week expire 10X OVERSIZED. TSLA has been inside of a triangle for 4 months and would love to see a pull back to 730 area the would allow the ascending trend line to be reached. A level where we would like to go very bullishly in anticipation of the most important technical formation in half a year.

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 !!