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LONG TERM $GOOG Mar 2014 700 pDS---

Posted: Mon Aug 05, 2013 2:24 pm
by MMASSASSIN
Buying Long Term: looking for entries into $GOOG Mar 2014 700 pDS----- at 7.00 area. Thats 700 long 670 short Mar 2014. With a spread of 2.50 in mind. We will only enter the long leg for now with intention of entering the short leg in the future possibly months from now. As you guys know I believe GOOG by the end of next year can see its price cut in half, so we are starting with earlier next year bearish bets. the difference between bid and ask is huge so getting clears on this long leg will take a long time. and the volume on it is only us right now today.

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 !!