Buying Swing: buying 105 puts same contract amount as the
Posted: Tue Jul 16, 2013 1:24 pm
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 !!
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 !!