Buying Swing: buying 640 next week puts at 3 buck area to work as hedge on calls profits for next week 815 calls. We can justify entering and even trowing away into this play since its necessary to have. In a main account the position would be a butterfly to protect in a way you can not with the infant 1k to 1 mill challange 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 !!
Buying Swing: buying 640 next week puts at 3 buck area to work as hedge on calls profits for next week 815 calls. We c
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