Buying Swing: bought 165 puts at 6.50 same contract amount

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MMASSASSIN
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Buying Swing: bought 165 puts at 6.50 same contract amount

Post by MMASSASSIN »

Buying Swing: bought 165 puts at 6.50 same contract amount as the 185 calls as it looked as the support was being lost to create a strangle, then after a few min we reentered the 185 calls short at 5.40-5.10. The intent is to be positioned into earnings with both bullish and bearish bets.

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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