Buying Swing: buying 137 puts weeklies at .58-.60 2x overs
Posted: Wed Aug 01, 2012 11:00 am
Buying Swing: buying 137 puts weeklies at .58-.60 2x oversized , the reason its so large is because before the close wish to short the 136 puts to tern this play into a debit spread. This can work as a hedge intraday aswel. were using the market bounce as a bearish opportunity and hedge.
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 !!