Buying Swing: buying next week weekly 230 puts at 2.37 are

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.
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MMASSASSIN
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Buying Swing: buying next week weekly 230 puts at 2.37 are

Post by MMASSASSIN »

Buying Swing: buying next week weekly 230 puts at 2.37 area same contract amount as this week weekly 250 puts we entered at market highs today. The strategy is to be bearishly placed with potential to make a half calendar butterfly if there is bearish follow trough between strikes and for this 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 !!