Buying Swing: buying 625 calls at 4.30-.45 almost 5x overs

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MMASSASSIN
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Buying Swing: buying 625 calls at 4.30-.45 almost 5x overs

Post by MMASSASSIN »

Buying Swing: buying 625 calls at 4.30-.45 almost 5x oversized since I am buying them as if they were only worth 1.00 since before the close we will short the 530 calls same contract amount as this long. this way if we bounce we may be able to remove all risk of loss from this 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 !!
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