Buying Swing: adding here 165 puts expiring today at .10-.

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MMASSASSIN
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Buying Swing: adding here 165 puts expiring today at .10-.

Post by MMASSASSIN »

Buying Swing: adding here 165 puts expiring today at .10-.12 area a full oversized. This is a hedge on our free 170 pCS that has max profit potential of 800% if we get stuck at 170 or higher. We also entered a 165 cB yesterday at the close that would further hedge us on a pullback. This is probably throwing money out the window but its an important hedge to have after a run this nice.

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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