Buying Swing: turning 164 pDS into a 163.50 pO2B by buying

Here is where we post regarding stock picks on our swing trading ideas, from multi-day to multi-week both stock and option calls and puts, on the Nasdaq or NYSE.
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MMASSASSIN
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Buying Swing: turning 164 pDS into a 163.50 pO2B by buying

Post by MMASSASSIN »

Buying Swing: turning 164 pDS into a 163.50 pO2B by buying same contract amount long 163 puts at .56-58 area this way we could double the body at the close or we can turn this into a debit my entering 162.50 short instead. If we see strength then were leaning towards butterflying the play at 163.50 pB

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 !!