Buying Swing: buying 165 puts right at open at .08-.10 OVE
Posted: Thu Jul 11, 2013 9:37 am
Buying Swing: buying 165 puts right at open at .08-.10 OVERSIZED, and turning 435 cB into cOB by covering 435 short at .15 area still getting clears and do not want to pay more than .20 for them. So strategy is to be prepared for possible partial market gap cover if it comes, and is well positioned to catch up to the markets with a big run from here so going very bullish here.
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 !!