Buying Swing: AGRESSIVE STRATEGY buying 520 puts at .30 ar

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: AGRESSIVE STRATEGY buying 520 puts at .30 ar

Post by MMASSASSIN »

Buying Swing: AGRESSIVE STRATEGY
buying 520 puts at .30 area same contract amount as the 535 butterfly long legs. this way we can latter turn it into a credit spread by shorting 525 if we fall back and and the premium goes to 5 bucks on it.

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 !!