Buying Swing: SIMPLE and AGGRESSIVE and MONTHLY STRATEGY b
Posted: Tue Feb 19, 2013 11:45 am
Buying Swing: SIMPLE and AGGRESSIVE and MONTHLY STRATEGY
buying 40 Mar calls at 1.40-.50 area OVERSIZED. This is a option play into earnings and passed earnings that come out this Wendsday, tomorrow . Now 40 is a brick wall that is hard to pass but if we were to pass the all time highs then due to high short interest we could get a parabolic move up short squize. And with todays CNBS live coverage its the sort of exposure that may make this earnings play get that breakout. by the way we picked a nice swing entry friday at 37.00 area ) for the swing.
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 40 Mar calls at 1.40-.50 area OVERSIZED. This is a option play into earnings and passed earnings that come out this Wendsday, tomorrow . Now 40 is a brick wall that is hard to pass but if we were to pass the all time highs then due to high short interest we could get a parabolic move up short squize. And with todays CNBS live coverage its the sort of exposure that may make this earnings play get that breakout. by the way we picked a nice swing entry friday at 37.00 area ) for the swing.
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 !!