Buying Swing: buying 168.50 at .60 area this creates a 169

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MMASSASSIN
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Buying Swing: buying 168.50 at .60 area this creates a 169

Post by MMASSASSIN »

Buying Swing: buying 168.50 at .60 area this creates a 169 -cO2B with one wing closer in than the other. Negative news from Washington but market has not fallen as it could. This gives us the ability to rubble the 169 short leg if we don't fall, and creates a hedge against bullish bets if we do fall.

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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