Buying Swing: buying 655 calls at 5.60 area same contract amount as the put butterfly 640 620 600 to work as a bullish
Posted: Tue Dec 22, 2020 6:01 am
Buying Swing: buying 655 calls at 5.60 area same contract amount as the put butterfly 640 620 600 to work as a bullish hedge and 5x mental stop. remember every 1.55 = 5x oversized, so this is a 18x intraday exposure. big smiles on TSLA puts so far
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 !!
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 !!