Buying Swing: buying as protection on for next week 555 5

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MMASSASSIN
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Buying Swing: buying as protection on for next week 555 5

Post by MMASSASSIN »

Buying Swing: buying as protection on for next week 555 550 545 pB for around .50 with max profit if there was to be a pullback there 900%. Wish to protect the long term 545 jan calls profits so using this as a hedging mechanism, and would prefer a move up since every 60 cent move up represents 100% gain on the long term

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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