Buying Swing: big smiles when we bought long leg of 183 18

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.
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MMASSASSIN
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Buying Swing: big smiles when we bought long leg of 183 18

Post by MMASSASSIN »

Buying Swing: big smiles when we bought long leg of 183 182.50 cDS at .56 area with a .12 spread in mind. It was easy to go bearish when we hit the weekly trend line resistance that we were hoping to see hit again for a bearish bet. We already have 5X OVERSIZED profits on the position ). next step were considering locking in profits on the position and were not yet ready to close her up.

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 !!