Buying Swing: buying 557.50 calls at .29-.34 1x oversized

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MMASSASSIN
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Buying Swing: buying 557.50 calls at .29-.34 1x oversized

Post by MMASSASSIN »

Buying Swing: buying 557.50 calls at .29-.34 1x oversized strait long, if you have it as a short leg then covering would be the first step. The market is down big this morning and it shaped down and here taking a bit of a high risk gamble that may snap right back up. Am expecting volatility so may also position in the 545 puts if we don’t bounce soon and that would put us in a bit of a strangle.

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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