Buying Swing: added 163 puts at .17 dubbing the position w
Posted: Wed Jul 10, 2013 3:39 pm
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 !!
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 !!