Buying Long Term: entering a HUGELY aggressive bearish position here
Buying May monthly 450 puts at 12.70 100X OVERSIZED with 20X mental stop. Yes thats not a typo . And you now she is already cheaper than our entey but we have created the bull trap so we must position with larger strategy in mind. We plan on turning this into a lower risk debit down the line and part of the aggression is to help hedge our long term stock positioning. And yes we are doing it equally aggressively on the 1k to 1mill account, with the mental stop top of mind.
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 Long Term: entering a HUGELY aggressive bearish position here Buying May monthly 450 puts at 12.70 100X OVERSIZ
- MMASSASSIN
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