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Buying Swing: earlier we bought long leg to aug 845 pDS at

Posted: Fri Jul 19, 2013 3:18 pm
by MMASSASSIN
Buying Swing: earlier we bought long leg to aug 845 pDS at 3.40-3.80 with a .80 spread in mind, and right now we could already make it into a free play by shorting the 340s at 3.60 area, but we are choosing not to do so and have this fully exposed bearishly over the weekend. With the monthlies and a bounce this big after the big miss she had, am willing to have a larger than usual exposure on bearish strategy.

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 !!