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Buying Long Term: SCTY long term strategy buying SCTY Jan 3

Posted: Fri Nov 20, 2015 3:30 pm
by MMASSASSIN
Buying Long Term: SCTY long term strategy
buying SCTY Jan 36 call strait long 3x oversized
buying SCTY Jan 40 calls same contract amount
The strategy will be to enter a short between these levels as soon as we see 39 calls get to 1.00 this would make the strategy free and profit potential would still exist down the ling. this is for the smaller accounts

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 !!