Buying Swing: AGGRESSIVE STRATEGY buying long leg of 150 p

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MMASSASSIN
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Buying Swing: AGGRESSIVE STRATEGY buying long leg of 150 p

Post by MMASSASSIN »

Buying Swing: AGGRESSIVE STRATEGY
buying long leg of 150 pDS at .40-.44 with a .08 spread in mind. by the time I send this we are already at about 1x oversized loss, but the bullish bet on open body butterfly is working as a hedge.so far it looks like only a wick bellow the multi day hourly triangle so if this strength mentions will look to short the 152 puts same contract amount and end up with a credit instead of a debit spread.

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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