Buying Swing: going bullish and bearish for next week wit

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: going bullish and bearish for next week wit

Post by MMASSASSIN »

Buying Swing: going bullish and bearish for next week with 570 weekly calls trough 580 weekly calls at .44 debit spread and next week puts 205 trough 195 debits spread at .95 area, both oversized there spreads. We wish to focus on a bullish strategy for next week on and since the markets are weak were getting good premium picture for next week calls. This week went bearish but that did not work but still believe that is one that if the market continue lower has a nice big gap to cover so going bearish AMZN here, at the same time as we go bullish that has already had its fall and is best placed to bounce back. I see best pull back prospects for and best run prospects for here so one play helps hedge out the other, and come monday we could easily move a leg on other one of these once the market shows some clarity and tern one position into a credit spread. Or just let one go to zero if the risk docent make it worth while to create 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 !!