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Conservative option strategies, what did you buy or sell today?
#76
(04-04-2019, 09:34 PM)NilesMike Wrote: Re TSLA, right now I'm leaning towards buying butterflies with a directional bias.

Tomorrow, looking to buy 17MAY19 , 260-265-255 all Put butterfly for a dime. Max profit $490. Will look to improve my odds by taking it off if it hits $125 profit.

Mike is getting fancy on us.  Smile   Does this involve four contracts, with two in the middle?  Or is the double at $265 like you typed it?  Or some other variation?  I know there are a quite a few variations of a butterfly spread.  Maybe you could explain it after you execute the trade?
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Messages In This Thread
RE: Conservative option strategies, what did you buy or sell today? - by fenders53 - 04-05-2019, 05:36 AM
T puts ? - by john - 03-17-2020, 09:33 AM
RE: T puts ? - by fenders53 - 03-17-2020, 10:32 AM
RE: WEN options update - by john - 03-23-2020, 09:53 AM
RE: WEN options update - by fenders53 - 03-23-2020, 10:40 AM



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