Buying Swing: adding again 134 june calls at .15 expiring

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: adding again 134 june calls at .15 expiring

Post by MMASSASSIN »

Buying Swing: adding again 134 june calls at .15 expiring today bringing up the stake to 3x oversized. this is very very high risk high reward. I am definitely taking more risk here than usual but if a coordinated international move is made to protect from a contagion effect then today we may on this quadruple witching friday see a big market rally. If we do not then we will lose 3x oversized today on this play alone on this day of expires. To minimize the loss will have a mental stop at .07. as I send this out am down on the position.

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”