Buying Swing: buying SPY 118 weekly calls here at 1.20 area
Posted: Wed Aug 24, 2011 3:23 pm
Buying Swing: buying SPY 118 weekly calls here at 1.20 area 2x OVERSIZED as markets continue to push and we may get a spike into the close, and before the close will most likely short the 119 weekly calls same contract amount as all the long calls SPY stakes.
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 !!