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Buying Swing: buying back the SPY 120 weekly calls at 1.22

Posted: Wed Sep 07, 2011 4:01 pm
by MMASSASSIN
Buying Swing: buying back the SPY 120 weekly calls at 1.22 and taking selling the 118 weekly puts again at .50 we had the best chance to fall and the pull back failed. ok am now back into an of balanced stake with a bullish biest. Again this was the best chance for a fall that we could of had and with it failing then I don't think tomorrows data that is expected to be bad can really put breaks to this strength. Big smiles larger strategy.

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 !!