Buying Swing: Next week strategy buying long leg of 485 cD

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MMASSASSIN
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Buying Swing: Next week strategy buying long leg of 485 cD

Post by MMASSASSIN »

Buying Swing: Next week strategy buying long leg of 485 cDS at at 2.55-.60 with .85 spread in mind and 490 calls at 1.75 area oversized strait long. so 2x OVERSIZED bullish exposure. the pull back see only 165 as likely so not positioning bearishly. Budget battle may heat up and that would have a bearish market effect. We ail enter the 490 short leg at close.

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 !!
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