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Buying Swing: buying 162 calls at .12 OVERSIZED, same stra

Posted: Thu Jun 20, 2013 3:07 pm
by MMASSASSIN
Buying Swing: buying 162 calls at .12 OVERSIZED, same strategy all day, this is the 4th attempt meaning that if this one fails I will have lost 4x oversized only on the bounce attempts that keep failing. The reason I keep doing it is that this is a the largest 2 day drop since last years election, so if we get a bounce on the day of expire we could easily see thousand % return .

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 !!