Traders Playground

Selling Swing: selling 1/2 JASO at 5.30 swing from 4.55. My target remains 6 but with expiration 2 days away it would be natural to see pull backs to lower options magnets. Strategy is to if there is no pull back but build then renter this position fully higher at a 5.60 pass. but if we do get a multiday into expiration pull back then a pull back will wait and look for reentry possibility. 5.00 may be a magnet point with strike prices at 5.00 and the other much higher at 7.50.