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

Posted: Thu Jun 20, 2013 12:39 pm
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 !!