Buying Swing: removing the short leg of the 500 479.50 pDS

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.
User avatar
MMASSASSIN
Trading for living
Posts: 5599
Joined: Thu Jan 29, 2009 1:30 am
Contact:
Contact MMASSASSIN

Buying Swing: removing the short leg of the 500 479.50 pDS

Post by MMASSASSIN »

Buying Swing: removing the short leg of the 500 479.50 pDS at .75-.90 about .20 profit from short entry. we hold the long 500 puts leg . Strategy would be to exit the long puts at 1.25 1 x loss if we moved higher, but since we made 20 cents just now am moving the mental stop down to 1.05 and there we would still have only 1x loss.

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 !!
Top

Return to “Swing for the Fences”