Buying Swing: buying 105 puts same contract amount as the 122 puts from friday at 1.50 area giving us less than oversized additional bearish exposure. This way have a stronger bearish position and have ability to butterfly by shorting 115s twice the contract amount latter.
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 !!
Buying Swing: buying 105 puts same contract amount as the
- MMASSASSIN
- Trading for living
- Posts: 5599
- Joined: Thu Jan 29, 2009 1:30 am
- Contact: