Buying Swing: at open we buy 550 puts same contract amount

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: at open we buy 550 puts same contract amount

Post by MMASSASSIN »

Buying Swing: at open we buy 550 puts same contract amount as the 540 puts crating pOB. then we will be ready to rubble short the 545 to create a butterfly there

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 !!