Buying Swing: AGGRESSIVE STRATEGY bought shorted 460 puts
Posted: Wed Feb 13, 2013 4:05 pm
Buying Swing: AGGRESSIVE STRATEGY
bought shorted 460 puts at 1.30 area 1/4 the contract amount of the long 555. We planed to make it 1/2 but chose to have a more bearish bet since we already have the strait long calls 470s still. This way we are positioned to profit from volatility tomorrow. Was waiting for a bearish flush at the close that never materialized
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 !!
bought shorted 460 puts at 1.30 area 1/4 the contract amount of the long 555. We planed to make it 1/2 but chose to have a more bearish bet since we already have the strait long calls 470s still. This way we are positioned to profit from volatility tomorrow. Was waiting for a bearish flush at the close that never materialized
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 !!