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Buying Swing: entered long leg of 455 pDS at 2.05-2,24 wit

Posted: Mon Aug 05, 2013 10:10 am
by MMASSASSIN
Buying Swing: entered long leg of 455 pDS at 2.05-2,24 with a 1.15 spread in mind. this means we take a loss if the option drops in premium by 1.15. as I send this out we are already at a loss with the option now trading at 1.80s, but I have to start some bearish attempts o a full extension target being reached. Remember this was our first tarted 146 since before earnings .

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 !!