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Buying Swing: buying GLD 166 weekly calls at .96-.98 OVERSI

Posted: Mon Oct 10, 2011 3:55 pm
by MMASSASSIN
Buying Swing: buying GLD 166 weekly calls at .96-.98 OVERSIZED , and bought NFLX 125 weekly calls at .87 area OVERSIZED. this is my first bullish attempt for the week on gold trough the gold ETF and on NFLX she is killing me today but as long as NFLX can build and hold above 110 then the short on puts should in the end erase all losses on NFLX.

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 !!