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Buying Swing: bought 515 calls at .80 area to create 510 c

Posted: Tue Sep 03, 2013 10:14 am
by MMASSASSIN
Buying Swing: bought 515 calls at .80 area to create 510 cO2B so same contract amount as the 505 cDS , as I send this there down to .69 . We wish to be ready to double the 510 short leg hopefully on strength. Today we could easily pass 500s as we get closer to to the event next week

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 !!