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Buying Swing: buying 880 today expiery puts at .20-.40 mak

Posted: Fri Jul 19, 2013 11:34 am
by MMASSASSIN
Buying Swing: buying 880 today expiery puts at .20-.40 making .33 the average this is a high risk high reward play on an option that today was as high as 7 bucks. also looking at some monthly opportunities. Great to see such a bounce after such bad earnings for larger strategic opportunities .

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 !!