.buying swing LARGE +CEP at .49 5 strike may calls.

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MMASSASSIN
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.buying swing LARGE +CEP at .49 5 strike may calls.

Post by MMASSASSIN »

.buying swing LARGE +CEP at .49 5 strike may calls. These calls have a full month till expiry just like the CEW calls, I do plan on buying a LARGE stake in BAC puts 9 strike probably just before the close as BAC is gaining the 9 strikes sold today at .20 already fallen as much as to .12. It allows a rather conservative money allocation to equate to a substantial options position with the hope that they become worthless tomorrow with a rally in financials after JPM earnings but if there is a big fall then these puts could tern to become golden hedge. I have not bought the hedge yet but will before close
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