Buying Swing: buying 475 calls at .57-.58 to create 470 cO

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MMASSASSIN
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Buying Swing: buying 475 calls at .57-.58 to create 470 cO

Post by MMASSASSIN »

Buying Swing: buying 475 calls at .57-.58 to create 470 cOB so so same contract amount as the 465 position from earlier today. This way by the close we can enter 470 short leg twice the contract amount. There is a support level here dating back to levels after earnings 2 earnings ago.

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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