Buying Swing: buying USO 38 weekly puts at .46-.48 area OVE
Posted: Tue Jul 12, 2011 3:36 pm
Buying Swing: buying USO 38 weekly puts at .46-.48 area OVERSIZED , OIL has bounced very strongly today and ma here attempting to time a top and to go bearishly. Ireland just had news from Moodys and this is tanking the markets, and can put the bullish stock positions like AAPL at risk. Have not yet removed any bullish AAPL positions.
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 !!