Buying Swing: buying 130 Dec calls at .30-.31 and shorting
Posted: Fri Dec 09, 2011 2:52 pm
Buying Swing: buying 130 Dec calls at .30-.31 and shorting Dec 123 puts at 1.05 area trough 121 weekly puts at .53 and buying Dec 405 calls at .96 all OVERSIZED the longs were oversized but the short oversized the spread as usual. This has been a very red week for me but still am positioning bullishly for newt week for the treaty from Euro came trough the main obstacle holding the markets back I believe.
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 !!