Buying Swing: buying 400 puts at 1.45 area 10X OVERSIZED this week expire . TSLA has had only wick above the fib exten

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MMASSASSIN
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Buying Swing: buying 400 puts at 1.45 area 10X OVERSIZED this week expire . TSLA has had only wick above the fib exten

Post by MMASSASSIN »

Buying Swing: buying 400 puts at 1.45 area 10X OVERSIZED this week expire . TSLA has had only wick above the fib extension and may flush backdown to 399 are. Will reduce risk overnight by turning this play into a debit or a butterfly, mental stop 3x oversized risk .

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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