Buying Swing: buying 47 weekly puts at 1.19-1.29 10X OVERSIZED. NIO has reached absolutely ridiculous over extension. yes we are chasing this entry but using the bounce back to a fib point as to enter a strong bearish stake.
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 47 weekly puts at 1.19-1.29 10X OVERSIZED. NIO has reached absolutely ridiculous over extension.
- MMASSASSIN
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