Buying Swing: buying GLD 147 weekly puts at .40-.44 same co
Posted: Thu Jun 23, 2011 2:46 pm
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 !!
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 !!