Buying Swing: earlier we bought long leg on SPY 188 187.50

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.
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MMASSASSIN
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Buying Swing: earlier we bought long leg on SPY 188 187.50

Post by MMASSASSIN »

Buying Swing: earlier we bought long leg on SPY 188 187.50 pDS at .42-.45 with a .10 spread in mind. Were reaching resistance levels missed yesterday due to market vs future levels yesterday , today the bounce up were attempting to leg into a market bearish bet just shy of 189 resistance.

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 !!