Buying Swing: buying GLD 147 weekly puts at .40-.44 same co

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MMASSASSIN
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Buying Swing: buying GLD 147 weekly puts at .40-.44 same co

Post by MMASSASSIN »

Buying Swing: buying GLD 147 weekly puts at .40-.44 same contract amount as the long on 146 puts. This brings about faster premium gain if we have a sharp fall. Still believe that a bounce shuld come on gold intraday but have to make this position to create a hedge now that we have locked in the gains on the 149 calls long.

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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