Buying Swing: buying 128 weekly calls at .38 area OVERSIZE

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MMASSASSIN
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Buying Swing: buying 128 weekly calls at .38 area OVERSIZE

Post by MMASSASSIN »

Buying Swing: buying 128 weekly calls at .38 area OVERSIZED This is higher risk weekly calls above levels not seen in months but doing so after a surprisingly good consumer confidence data . We have tried to break out before and failed this could very well happen again but at .38 cents am willing to risk the full position. reached the 409 level we wanted to see since she passes 390.75. Big smiles on the stock stake we held after letting options exercise, am considering protecting the position by buying some puts many the 395 weekly puts since out profits are so steering here, have not yet pulled the trigger on that though.

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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