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Buying Swing: adding 121 puts at .33 OVERSIZED to make the

Posted: Tue Dec 20, 2011 11:28 am
by MMASSASSIN
Buying Swing: adding 121 puts at .33 OVERSIZED to make the day trade position 2x oversized , we hit 126.60 and this should be resistance, so I still se possibility of pullback intraday, if it dose not materialize then I would short closer in calls and turn this into a credit spread.

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 !!