Buying Swing: AGGRESSIVE STRATEGY buying 430 puts at .22-

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: AGGRESSIVE STRATEGY buying 430 puts at .22-

Post by MMASSASSIN »

Buying Swing: AGGRESSIVE STRATEGY
buying 430 puts at .22-.30 area twice the contract amount of the 440 puts creating a 435 pOB with a 430 kicker. This way when before the close we enter the 435 short leg twice the contract amount of the 440s we end up with a butterfly with a 430 bearish kicker that cost us less than 1/2 oversized.

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”