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Buying Swing: buying 120 weekly calls at 1.28-.33 and exit

Posted: Wed Sep 21, 2011 12:20 pm
by MMASSASSIN
Buying Swing: buying 120 weekly calls at 1.28-.33 and exiting 118 -117 put debit spread more or less flat. There is to much strength in the euro so am choosing to take the contrarian stance again bullishly on the markets with mental stops at the SPY day lows.

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 !!