Buying Swing: buying long leg of 160 cDS at 1.50-.95 1.70

Here is where we post regarding stock picks on our swing trading ideas, from multi-day to multi-week both stock and option calls and puts, on the Nasdaq or NYSE.
User avatar
MMASSASSIN
Trading for living
Posts: 5599
Joined: Thu Jan 29, 2009 1:30 am
Contact:
Contact MMASSASSIN

Buying Swing: buying long leg of 160 cDS at 1.50-.95 1.70

Post by MMASSASSIN »

Buying Swing: buying long leg of 160 cDS at 1.50-.95 1.70 average 2X OVERSIZED with a .95 spread in mind. twice the usual entry the intention is to bounce it here and if we get to opportunity to short the 155 calls at 5.75 then would most likely turn this into a low risk credit spread.

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 !!
Top

Return to “Swing for the Fences”