In this video, we will look at creating a double calendar spread on TSLA (Tesla) and share with you a setup depending on if you want to be bullish or bearish. A calendar spread is a nice options strategy if you want to be positive vega in this choppy market environment to hedge off any short vega risk. Using positive vega trades like calendars or diagonals will help cushion and protect any of the big blows you might get on the downside. It wont protect you fully, but it will give you a little bit of protection on your trade setups.

#TSLA #TSLASTOCK #stocktrading #options #optiontrading

Posted at: https://tradersfly.com/blog/tsla-tesla-double-calendar-options-strategy-setup/

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