Buying Swing: buying long leg of a 164 pDS at .40-.45 with

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MMASSASSIN
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Buying Swing: buying long leg of a 164 pDS at .40-.45 with

Post by MMASSASSIN »

Buying Swing: buying long leg of a 164 pDS at .40-.45 with a .13 spread in mind . The market has been very strong and now want to be ready to focus bearishly since multi day direction can turn negative here. mental stop is to enter the short 163.50 leg if we 164s fall 13 cents from entry since oversized is based on a spread in mind. This bearish bet is very important as the 164 cDS are deep in the money ) so protects profits.

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 !!
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