Buying Swing: buying long leg of 525 522.50 pDS at 3.90 wi

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:

Buying Swing: buying long leg of 525 522.50 pDS at 3.90 wi

Post by MMASSASSIN »

Buying Swing: buying long leg of 525 522.50 pDS at 3.90 with 1.00 spread in mind. If we pull back strong enough we may be able to get a low risk credit out of her. Our stop is at 2.90 and if we get the opportunity of shorting 530s at 7.90 then would go that route most likely.

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 !!