Buying Swing: buying C mar 4 PUTS at .10 OVERSIZED . This is

Here is where we post regarding stock picks on our swing trading ideas, from multi-day to multi-week both stock and option calls and puts, on the Nasdaq or NYSE.
User avatar
MMASSASSIN
Trading for living
Posts: 5599
Joined: Thu Jan 29, 2009 1:30 am
Contact:
Contact MMASSASSIN

Buying Swing: buying C mar 4 PUTS at .10 OVERSIZED . This is

Post by MMASSASSIN »

Buying Swing: buying C mar 4 PUTS at .10 OVERSIZED . This is my first bearish position on financials that have been on a tear as of late but with such a low premium and on my formulas multiday direction has gone bearish am taking the market contrarian stand once again. C with its gain from 3.30s to 4s is now well overbought but the momentum has been very strong on her. a pul back multiday target would be 3.70 more than enough to theoretically triple these puts if we see it before the coming expiration.
Top

Return to “Swing for the Fences”