Buying Swing: removing the debit leg from strategy by, cov

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: removing the debit leg from strategy by, cov

Post by MMASSASSIN »

Buying Swing: removing the debit leg from strategy by, covering short on 580 weekly calls at .36-.39 area and holding our long 570 leg with nothing to hold back . Passing 548 was critical support resistance. if we have a strong closing hourly candle above then would add another oversized to the 570 long leg.

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”