Buying Swing: buying next week April 30 420 425 430 cB at .54 area about 4X OVERSIZED or same contract amount as our e

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MMASSASSIN
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Buying Swing: buying next week April 30 420 425 430 cB at .54 area about 4X OVERSIZED or same contract amount as our e

Post by MMASSASSIN »

Buying Swing: buying next week April 30 420 425 430 cB at .54 area about 4X OVERSIZED or same contract amount as our existing in the money May cB. this works as a bullish hedge for incase we overshoot bullishly next week. Using this market pull back as a hedging opportunity. Max profit for may monthly is at 415, and we now are 3 weeks away. Am not ready to lock in profits for MAY positions yet.

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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