Buying Swing: added 163 puts at .17 dubbing the position w

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MMASSASSIN
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Buying Swing: added 163 puts at .17 dubbing the position w

Post by MMASSASSIN »

Buying Swing: added 163 puts at .17 dubbing the position we had entered into earlier at .09 . Berni is about to speak and we already have max profits on out calls speed, this position can again work as a hedge since we now have a 163.50 pB with extra 163 kicker. the intent would be to short the 162.50 at the close, if we don't enter the short leg then would have a little more than oversized overnight risk since oversized is every .13.

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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