Buying Swing: buying long leg of 180 185 calls at 1.65-1.8

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MMASSASSIN
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Buying Swing: buying long leg of 180 185 calls at 1.65-1.8

Post by MMASSASSIN »

Buying Swing: buying long leg of 180 185 calls at 1.65-1.87 with .80 spread in mind. So if she loses .80 would get stopped out. Am trying to catch a falling knife but this is the best bounce area I have seen last few weeks to attempt a bounce.

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 !!