Buying Swing: bought GLD 116.50 puts at .24 area same contr

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MMASSASSIN
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Buying Swing: bought GLD 116.50 puts at .24 area same contr

Post by MMASSASSIN »

Buying Swing: bought GLD 116.50 puts at .24 area same contract amount as the 117.50 puts with the intension of double shorting the 117 puts before the close and reducing the exposure with a butterfly overnight.

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 !!