Buying Swing: buying monday expire 400 SPY calls at 1.10 again 10X OVERSIZED on Infant account 1k to 1 mill challange a

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MMASSASSIN
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Buying Swing: buying monday expire 400 SPY calls at 1.10 again 10X OVERSIZED on Infant account 1k to 1 mill challange a

Post by MMASSASSIN »

Buying Swing: buying monday expire 400 SPY calls at 1.10 again 10X OVERSIZED on Infant account 1k to 1 mill challange and again mental stop around the latest intraday lows. Well not try to hold a falling knife. Understand this account started only last week at a single 1k and each position has been 100$ worth and so far we have had a negative week with the account dropping to the 600$ area with only the AMC position in the green. But we also know that a single options play can easily not only erase the losses but double the account especially if the markets do bounce here.

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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