Buying Swing: buying 138 weekly puts at .38-.40 OVERSIZED adding to my market contrarian play using the strength in the markets today as a bearish opportunity , but still we have a nice hedge with the TLT position since bonds should fall on this market strength if we push higher bonds should collapse. but even if we retrace in the markets , bonds laged so much that they should still fall hence the long TLT 115s puts.
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 !!
Buying Swing: buying 138 weekly puts at .38-.40 OVERSIZED
- MMASSASSIN
- Trading for living
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