Buying Swing: buying 115 weekly calls at .80 bought these
Posted: Fri Sep 30, 2011 11:53 am
Buying Swing: buying 115 weekly calls at .80 bought these earlier and they went up 100% passed 1.70s but now the options are .753 still like her this pull back may be a buying op here, but today is day of expire so volatility will be huge. I bought 2x oversized yesterday so am up to a 3x oversized. very high risk on a day of this sort of volatility so keep in mind 100% loss is easy as is 300% gain.
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 !!