Buying Swing: TSLA next week bullish including 100 to 1 mill in one year challenge account Buying 190 calls at 1.63same

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:

Buying Swing: TSLA next week bullish including 100 to 1 mill in one year challenge account Buying 190 calls at 1.63same

Post by MMASSASSIN »

Buying Swing: TSLA next week bullish including 100 to 1 mill in one year challenge account
Buying 190 calls at 1.63same contract as the 200 calls with intention of double shorting 195 calls.
This is a whopping 10x oversized position on calls expiring this week so have to have finger on the trigger to quickly enter the double short if this moves against us. This is by far the most amount of risk we have done on a soon to expire position on an infant account but it is only being done since we are now below the target we have had for months now.

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 !!