Buying Swing: bought long leg of GOOGL 560 562.50 cDS at 2.

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MMASSASSIN
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Buying Swing: bought long leg of GOOGL 560 562.50 cDS at 2.

Post by MMASSASSIN »

Buying Swing: bought long leg of GOOGL 560 562.50 cDS at 2.70-.90 with .70 spread in mind .We went only bearish on GOOGL on friday, here we can hedge the profits but on any bunco if the math matches up we wish to short the 555 calls or 557.20 calls to tern this into a credit spread cCS instead of a call debit spread cDS. remember our spread in mind on this GOOGL play is .70 so we will stop out at a oversized loss if the premium drops by .70.

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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