Buying Swing: buying 520 next week calls at 5.85-6.00 area a full 20X OVERSIZED over weekend exposure. The intention i

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:
Contact MMASSASSIN

Buying Swing: buying 520 next week calls at 5.85-6.00 area a full 20X OVERSIZED over weekend exposure. The intention i

Post by MMASSASSIN »

Buying Swing: buying 520 next week calls at 5.85-6.00 area a full 20X OVERSIZED over weekend exposure. The intention is to reduce risk by turning the strait long into a debit spread before earnings next week. Premiums tend to go up if we have the slightest move up into earnings day.

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 !!
Top

Return to “Swing for the Fences”