Buying Swing: buying 138 weekly puts at .38-.40 OVERSIZED

Here is where we post regarding stock picks on our swing trading ideas, from multi-day to multi-week both stock and option calls and puts, on the Nasdaq or NYSE.
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MMASSASSIN
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Buying Swing: buying 138 weekly puts at .38-.40 OVERSIZED

Post by MMASSASSIN »

Buying Swing: buying 138 weekly puts at .38-.40 OVERSIZED adding to my market contrarian play using the strength in the markets today as a bearish opportunity , but still we have a nice hedge with the TLT position since bonds should fall on this market strength if we push higher bonds should collapse. but even if we retrace in the markets , bonds laged so much that they should still fall hence the long TLT 115s puts.

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 !!