Buying Long Term: bought P mar 2014 15 strike puts 1.20-.30
Posted: Fri Aug 16, 2013 12:06 pm
Buying Long Term: bought P Pnadora mar 2014 15 strike puts puts at 1.20-.30 area , will continue buying these puts into the end of the day. making first long term bearish position today mar puts. iOS came out with beta 6 today last beta before gold master that will include iRADIO. But remember has earnings coming so it may go up on earnings or if it has good earnings. I hope I lose money on this first position due to a rally after earnings as to buy more bearish bets after earnings. This is a single OVERIZED position. We have been waiting to do the bearish bets above 20s and now with iOS almost ready for release want to start the bets early.
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 !!
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 !!