Buying Swing: buying 585 weekly calls position at .67 OVER

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MMASSASSIN
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Buying Swing: buying 585 weekly calls position at .67 OVER

Post by MMASSASSIN »

Buying Swing: buying 585 weekly calls position at .67 OVERSIZED this is a strait long calls position that I will most likely tern into a 580 butterfly before the close. But intraday could have a strong bounce and perhaps we can see 200% gain on this play as a day trade alone with the option to tern it into a credit spread if weakness reemerges.

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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