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Buying Long Term: We today begin the long term positioning.

Posted: Thu Apr 17, 2014 12:51 pm
by MMASSASSIN
Buying Long Term: We today begin the long term positioning. We will add more later but for now we wish to have some placements before the earnings. One if for July the other is for October.

July 580 call position 2X OVERSIZED about 3.80 strait long.

Oct 625 645 cDS about 1.40-1.80 spread, huge spread.

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 !!