Selling Swing: AGGRESSIVE strategy 2 trade a buying long l

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

Selling Swing: AGGRESSIVE strategy 2 trade a buying long l

Post by MMASSASSIN »

Selling Swing: AGGRESSIVE strategy 2 trade a
buying long leg of 535 pDS at 6.55 - 7.15 with intention of turning this into a debit spread if weakness continues at the close. with a 1.75 spread in mind so the position is very large. If we see bounce from here then would not hesitate to turn this into a 540 pCS instead.

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”