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Buying Swing: buying 525 puts at .28 strait long as a hedg

Posted: Thu Apr 17, 2014 1:57 pm
by MMASSASSIN
Buying Swing: buying 525 puts at .28 strait long as a hedge on our 525 530 535 cB from friday. We still have valley of death at 525 but if there was to be a snap down this is a good just in case position. Best case senerio would be a move up to 530 for a perfect butterfly close.

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 !!