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Buying Long Term: buying June monthly 10.00 calls at 1.60 area 20X OVERSIZED strait long, with 5X mental stop . Want t

Posted: Mon Feb 08, 2021 6:53 am
by MMASSASSIN
Buying Long Term: buying June monthly 10.00 calls at 1.60 area 20X OVERSIZED strait long, with 5X mental stop . Want to have aggressive options positioning into the coming slew of movie releases leading into the Sumer and this gives us a mid term stance now that premiums on further out months has dropped significantly. This is not to say that I would hold if we did not build back hence the 5x mental stop.

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 !!