Buying Swing: AGGRESSIVE STRATEGY buying long leg of 440
Posted: Mon May 06, 2013 10:49 am
Buying Swing: AGGRESSIVE STRATEGY
buying long leg of 440 pDS at 1.27-.30 with a .51 spread in mind. This is part of our protection of bullish bets by legging into this play we have a stronger bearish intraday exposure with the intent of entering other the 435 before the close. Or If we were to see a pullback that would bring the 445 puts up to up to 5.00 area then may consider turning this ints a very large but low risk credit spread on the puts.
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 long leg of 440 pDS at 1.27-.30 with a .51 spread in mind. This is part of our protection of bullish bets by legging into this play we have a stronger bearish intraday exposure with the intent of entering other the 435 before the close. Or If we were to see a pullback that would bring the 445 puts up to up to 5.00 area then may consider turning this ints a very large but low risk credit spread on the puts.
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 !!