Buying Swing: buying 170 pDS- at .28 area, so long 170 sh

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MMASSASSIN
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Buying Swing: buying 170 pDS- at .28 area, so long 170 sh

Post by MMASSASSIN »

Buying Swing: buying 170 pDS- at .28 area, so long 170 short 169. We may find some resistance at 171 so attempting a bearish bet here for incase we don not see immediate resolution . Since there still are a few days left there may be stalling , and that could lead to a sharp drop. This position is conservative. Also considering going the strangle route with a cDS = call debit spread. Either way volatility should be see soon again.

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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