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Buying Swing: buying 118 weekly puts next week expire, at

Posted: Fri Sep 16, 2011 2:33 pm
by MMASSASSIN
Buying Swing: buying 118 weekly puts next week expire, at 1.04 OVERSIZED. We did so very well this week with the bullish market bets but now that all targets have been reached, I now see my multi day negative formula on the verge of going negative. So am making a bearish market bet for next week even though Gitner going up there will probably generate news to try to calm markets. Things are not resolved fully in the EU so have to attempt after this come back bearish bets here. Still hold 117 next week puts yesterday swell . We were bullish from the lows of the week and now after these runs following larger bearish 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 !!