Buying Swing: buying 135 calls at 1.85 same contract amoun

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MMASSASSIN
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Buying Swing: buying 135 calls at 1.85 same contract amoun

Post by MMASSASSIN »

Buying Swing: buying 135 calls at 1.85 same contract amount as the 140 cDS from last week that we are down on. The intention will be to remove the 140 long leg if se we strength, or if we have weakness continues as it seams to be doing now, look to short 137 leg twice the contract amount and remove the 145 long leg leaving a butterfly. As I send this we are now losing 130 support but willing to wait the rookie hour out. A lawsuit on the GAAP accounting is a can of worms that can find targets of so many companies . It will most likely go nowhere but is leading to a possible significant technical breakdown. One that I do not trust.

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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