Buying Swing: buying SPY 110 weekly puts at 1.11 OVERSIZED
Posted: Mon Aug 08, 2011 1:27 pm
Buying Swing: buying SPY 110 weekly puts at 1.11 OVERSIZED . This is very high risk very far out of the money puts that expire this week, but chose to go bearish here since this S&P downgrade again should continue to have bearish legs . Especially with all support levels we have meet so far have been lost. Now AAPL 385 weekly calls, the one bullish play lost here the mental stop of 1.00, but since am continue to focus bearishly first with SLV calls then now SPY puts, we should hold this hedge. So for now will continue holding AAPL 385 weekly puts passed mental stops.
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 !!