Buying Swing: buying next week TSLA 315 330 345 cB = cal butterfly at .60 area 3X OVERSIZED. For this week we still hav
Posted: Mon Sep 26, 2022 8:32 am
Buying Swing: buying next week TSLA 315 330 345 cB = cal butterfly at .60 area 3X OVERSIZED. For this week we still have all the bearish positions in place, but into the introduction of the worlds first humanoid robot for mass production this Friday AI event to come, plus the possibility of a much wider release of Tesla full self driving, we wish to have some bullish protection to our overly bearish stances. Do not get me wrong, TSLA has massive room to fall, she is clear all the way down to 146.42 her larger bearish extension 61.8%. But on the bullish side we have 332.27 smaller 61,8% extension, hence the placement of this butterfly with max profit at 330.
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 !!