Buying Swing: buying 600 weekly puts oversized at 2.10 are
Posted: Tue May 01, 2012 11:25 am
Buying Swing: buying 600 weekly puts oversized at 2.10 area and buying 139 weekly puts at .25 with mental stop here at .20 as I sent this I'm at a loss on the long 139 puts , this is meant to become a long legs on a credit spread once good or spy pullback we can latter short closer to the money puts on both SPY and GOOG.
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 !!