Buying Swing: AGGRESSIVE STRATEGY buying 150 puts at 1.20-
Posted: Mon Jan 28, 2013 12:51 pm
Buying Swing: AGGRESSIVE STRATEGY
buying 150 puts at 1.20-.30 same contract amount as the 160 puts with intention of other butterflying this at the close or turning it into 2 debit spreads at close, no short leg protection on these yet.
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 !!
buying 150 puts at 1.20-.30 same contract amount as the 160 puts with intention of other butterflying this at the close or turning it into 2 debit spreads at close, no short leg protection on these yet.
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 !!