TSLA Broken Wing Butterfly Trade Targets A Profit Zone Between 390 and 430

Tesla (TSLA) is consolidating around the mid 400’s in a generally healthy uptrend. Today we’re looking at a broken wing butterfly trade that creates a profit zone between $390 and $430 with income potential of around $110. Yesterday, the stock closed around $442. More News from Barchart A broken wing butterfly with puts is a butterfly spread with long put strikes that are not at the same distance from the short put strike. A broken wing butterfly has more risk on one side of the spread than on the othe ...