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adding long term long leg of P March 2014

Posted: Tue Sep 17, 2013 12:17 pm
by MMASSASSIN
Buying Long Term: adding long term long leg of March 2014 puts at .75-.85 with a .20 spread in mind. Our strategy was to accumulate the bearish bets now that pandra is selling shares and the iOS7 comes out tomorrow. We have entered the majority of contracts and plan on entering the last of them at the close or at .65-.70.

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 !!