Buying Swing: buying long leg of 135 133 pDS at 2.05-.10 w

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MMASSASSIN
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Buying Swing: buying long leg of 135 133 pDS at 2.05-.10 w

Post by MMASSASSIN »

Buying Swing: buying long leg of 135 133 pDS at 2.05-.10 with a .60 spread in mind. Also this may give us a low risk credit opportunity if the 140 puts were to run up to 6.47 on a intraday retracement. Again if we were to see the stock pass the day highs would just take a quick loss on this bearish hedge or at .60 bellow entry.

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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