Buying Swing: AGGRESSIVE STRATEGY buying long leg of 440

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 long leg of 440

Post by MMASSASSIN »

Buying Swing: AGGRESSIVE STRATEGY
buying long leg of 440 pDS at 1.27-.30 with a .51 spread in mind. This is part of our protection of bullish bets by legging into this play we have a stronger bearish intraday exposure with the intent of entering other the 435 before the close. Or If we were to see a pullback that would bring the 445 puts up to up to 5.00 area then may consider turning this ints a very large but low risk credit spread on the puts.

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”