Buying Swing: buying 163 calls at .11 area oversized, this

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.
User avatar
MMASSASSIN
Trading for living
Posts: 5599
Joined: Thu Jan 29, 2009 1:30 am
Contact:

Buying Swing: buying 163 calls at .11 area oversized, this

Post by MMASSASSIN »

Buying Swing: buying 163 calls at .11 area oversized, this is after I have attempted bets twice before both times it did not work. Strategy remains the same as it was at open, we are attempting to time a bounce after failing to do so twice already. With premiums this low if we do catch a bounce it would quickly erase the losses, and after a strait drop as we have seen since 2pm yesterday, one is due.

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 !!