Buying Swing: buying long leg of 160 puts at 1.15-.20 with

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.
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MMASSASSIN
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Buying Swing: buying long leg of 160 puts at 1.15-.20 with

Post by MMASSASSIN »

Buying Swing: buying long leg of 160 puts at 1.15-.20 with .90 spread in mind. sort for late post was in a conversation with @tockguy22 about sizing strategy on options. Anyway what this dose is remove add to the 560 long leg of friday 555 butterfly, and those who missed the butterfly it removes the 160 short leg adding some longs. We are going to sell same contract amount of the 555 puts at 5.30 area.

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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