Buying Swing: buying Friday expire 271 268 265 pB put butt

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MMASSASSIN
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Buying Swing: buying Friday expire 271 268 265 pB put butt

Post by MMASSASSIN »

Buying Swing: buying Friday expire 271 268 265 pB put butterfly 2x OVERSIZED at .30-.35 area. This is meant to serve as a bit of a market bearish hedge. Its a fairly conservative butterfly that gives us more options closer to the end of the week.

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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