Buying Swing: bought 625 weekly puts at .45-.50 OVERSIZED
Posted: Fri Oct 12, 2012 10:37 am
Buying Swing: bought 625 weekly puts at .45-.50 OVERSIZED earlier bought these higher at 1.50 this is protection against downside. We also turned the 640 cB into a cCS by selling 635 calls at 2.80-.70 area while buying 645s at .16 area so were right here intraday bearish trying to time an intraday top with this calls CS but we are ready to create in IC at any moment.
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 !!