Buying Swing: buying SPY 118 weekly calls here at 1.20 area

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: buying SPY 118 weekly calls here at 1.20 area

Post by MMASSASSIN »

Buying Swing: buying SPY 118 weekly calls here at 1.20 area 2x OVERSIZED as markets continue to push and we may get a spike into the close, and before the close will most likely short the 119 weekly calls same contract amount as all the long calls SPY stakes.

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 !!