Buying Swing: buying 118 weekly calls at .72-.78 OVERSIZED

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MMASSASSIN
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Buying Swing: buying 118 weekly calls at .72-.78 OVERSIZED

Post by MMASSASSIN »

Buying Swing: buying 118 weekly calls at .72-.78 OVERSIZED, this position is meant to be a hedge on the long TBT stock position and also the rest of the bullish market positions. bonds are showing a lot of strength while the rest of the markets are not falling sharply, so this bullish bond position can help hedge against a snap fall since bonds would today most likely lead it. The bond volume spiked into the bond close was strong but larger multi week picture I remain very bearish bonds thats why wil not lock in the profits on TBT yet but rather hedge it with another calls position that we can turn into a debit spread overnight by shorting 119 calls.

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 !!
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