Buying Swing: buying 605 july puts at .45-.55 area 1/2 ove
Posted: Fri Jul 20, 2012 11:25 am
Buying Swing: buying 605 july puts at .45-.55 area 1/2 oversized and bought 620 july calls 1/2 oversized at .07 area.HIGH HIGH RISK, the chances are that both these plays especially the ply go to zero since they expire today, but am making the positions half size and if they were to work out it could be dramatic move. Again chances are we lose 100% but if it works out were looking at possible thousand % gain in the case of and 400% gain in GOOG. just ned one of these to work once in a while to pay for all the times when we lose 100% on the attempt.
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 !!