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Buying Swing: AGGRESSIVE STRATEGY buying long leg of 160 p

Posted: Mon Jan 28, 2013 10:43 am
by MMASSASSIN
Buying Swing: AGGRESSIVE STRATEGY
buying long leg of 160 pDS at 2.60-3.00 with a premium of 1.15 in mind. NFLX may find resistance here at 177 area and want to attempt a bearish bet here by legging into a new debit spread , will enter the short leg by the close, if the 160s lose 2.00 is mental stop

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 !!