Buying Swing: buying 118 weekly calls at .78 area OVERSIZE
Posted: Wed Nov 23, 2011 10:24 am
Buying Swing: buying 118 weekly calls at .78 area OVERSIZED. ok the market is dropping like a rock and for the first time in 5 days has found a real possible support line so am here trying to catch the falling knife. The levels I wanted to see was 117.35 and today we reached it so had to make an initial entry into a new bullish market attempt. Mind you earlier in the week tried to go bullish and lost 100% on that one. This is the first entry and do not mind adding another oversized entry latter on today ither higher on strength or lower once a build starts showing. She is .72 as I send this out.
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 !!