Buying Swing: buying SPY 117 weekly calls at .84-.86 OVERSI

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MMASSASSIN
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Buying Swing: buying SPY 117 weekly calls at .84-.86 OVERSI

Post by MMASSASSIN »

Buying Swing: buying SPY 117 weekly calls at .84-.86 OVERSIZED . We lost a huge support level with this gap down and there is a possibility that we retest the 117.60 level before the markets continue down. So am here moving in to time a bounce on SPY , the S&P ETF that may last multi day . Mental stop on the position at .70.

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 !!
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