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Buying Swing: buying next week calls 465 at .90-.93 area s

Posted: Tue Jul 23, 2013 11:28 am
by MMASSASSIN
Buying Swing: buying next week calls 465 at .90-.93 area same contract amount as the 450s to create 455 cOB . Weather you enter 1/2 or the full short leg at the close is up to your risk tolerance.I will probably go rouge and enter only 1/3 short 455 at close before earnings. All the talking heads on CNBS are bearish , what better time than to make some bullish bets.

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 !!