Buying Swing: bought 520 April calls at 4.85-5.00 same con

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.
User avatar
MMASSASSIN
Trading for living
Posts: 5599
Joined: Thu Jan 29, 2009 1:30 am
Contact:
Contact MMASSASSIN

Buying Swing: bought 520 April calls at 4.85-5.00 same con

Post by MMASSASSIN »

Buying Swing: bought 520 April calls at 4.85-5.00 same contract amount of the 605 long leg and 615 short leg. This way if we move higher we are not caped in profits plus if we remove the 615 leg then we end up with a credit spread bearish.

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 !!
Top

Return to “Swing for the Fences”