Buying Swing: Aggressive strategy 3 trade a buying long le

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: Aggressive strategy 3 trade a buying long le

Post by MMASSASSIN »

Buying Swing: Aggressive strategy 3 trade a
buying long leg of weekly 615 cDS at .64 average with .32 spread in mind.(Means we have oversized at .34) We will enter the short leg before the close or at 1x oversized loss. The other options is if we lose the day lows turn this into a CS with short 610 but that is a strategy I'm weary of. we would have to move to .32 to have an oversized loss.

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 !!