Buying Swing: buying long leg of next week Oct SPY 196 196.50 cDS at .76 area with the intention of entering the short leg before the close. If we have a strong bounce then would look at higher strike 197 for the short leg instead.
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 !!
Buying Swing: buying long leg of next week Oct SPY 196 196.
- MMASSASSIN
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