Buying Swing: buying 595 weekly calls at 2.14 - 2.20 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 595 weekly calls at 2.14 - 2.20 area

Post by MMASSASSIN »

Buying Swing: buying 595 weekly calls at 2.14 - 2.20 area same contract amount as the short on 600 weekly calls. This was part of a debit spread we entered into friday the 590 trough 600 calls that we entered into on friday. Now that I'm moving in an extra leg it gives us larger profits if we have follow trough into the close plus we can easily lock in the 590 leg if we wished to. before the close will look to enter 605 calls with the intent on focusing bearish on the 600 weekly calls line to make that the body the same contract amount of all long calls positions. Sorry for not sending out posts at the end of last week, it was a hard week and tock some big lumps, but regardless positioned bullish on AAPL SPY and USO as well as bearish TLT last week for this week on friday.

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 !!