Buying Swing: this morning we woke up a strong market fall.

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: this morning we woke up a strong market fall.

Post by MMASSASSIN »

Buying Swing: this morning we woke up a strong market fall. On AAPL we have a strangle and now the 97 puts are up strongly, rather than lock it in, were looking to protect since SPY fell to trend line .
on AAPL we bought a AAPL 98 puts 2x oversized at .17-.19.
on SPY we bought long leg of 196 196.50 cDS at .50 with .20 spread in mind.

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 !!