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Buying Swing: bought the 125 calls at 1.50-.55 same contra

Posted: Wed Nov 20, 2013 11:28 am
by MMASSASSIN
Buying Swing: bought the 125 calls at 1.50-.55 same contract amount as the 125 puts. We did not reach the 119 pullback target but wanted to have an entry for incase we start the bounce earlier, and with mental stop .40 spread bellow entry.

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 !!