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Buying Swing: buying GOOG 520 puts at .70 OVERSIZED initial

Posted: Wed Jul 06, 2011 10:42 am
by MMASSASSIN
Buying Swing: buying GOOG 520 puts at .70 OVERSIZED initial entry bearish on GOOG trying to catch her top, on my formulas multiday negatives are on the verge of clearing, but have yet to clear. If the announcement today that is supposed to be aimed against GOOG brings about bearish direction these calls could spike dramatically. Higher risk with mental stop to exit if good day highs are passed .

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 !!