Buying Swing: Adding long term, long leg of 2014 Mar 700 t

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MMASSASSIN
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Buying Swing: Adding long term, long leg of 2014 Mar 700 t

Post by MMASSASSIN »

Buying Swing: Adding long term, long leg of 2014 Mar 700 trough 670 puts with 2.90 spread in mind. We started this play when GOOG was trading at 900 and now we are further adding to this
long term bearish bet now that we have had a little bounce this week. We wanted to have a more aggressive stance bearishly on GOOG long term following the strategy we have spoken bought on the vision stocks section. Believe GOOG could drop to 400 by end of next year, believe its has officially toped out long term.

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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