Buying Swing: buying SPY 132 weekly calls at .85 area OVERS
Posted: Fri Jul 29, 2011 3:43 pm
Buying Swing: buying SPY 132 weekly calls at .85 area OVERSIZED next weeks calls. the markets are right at the low of trend line so have to take a bullish attempt over the weekend , controlled position with high potential for we should see some sort of resolution, we have never in history defaulted on payment and not raised debt limit so if U look at the chart technicals are a screaming buy. I may add one more oversized stake before the close of the same options. This is the chart spy7-29-11.png .
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 !!