Buying Swing: TSLA bought 190 calls at 1.21 and 1.69 for a total of 6x oversized on 1k to 1 mill challenge account, and

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MMASSASSIN
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Buying Swing: TSLA bought 190 calls at 1.21 and 1.69 for a total of 6x oversized on 1k to 1 mill challenge account, and

Post by MMASSASSIN »

Buying Swing: TSLA bought 190 calls at 1.21 and 1.69 for a total of 6x oversized on 1k to 1 mill challenge account, and that is a very aggressive positioning for that small account of this gap down and weakness at open. The thinking is that anywhere below 186.42 fib is a rubber band effect mandating a snap back above then bullish continuation. But the question is , how large of a push back wil this rubber band get before we snap upwards violently

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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