Buying Swing: buying as protection on for next week 555 5
Posted: Thu Dec 12, 2013 1:59 pm
Buying Swing: buying as protection on for next week 555 550 545 pB for around .50 with max profit if there was to be a pullback there 900%. Wish to protect the long term 545 jan calls profits so using this as a hedging mechanism, and would prefer a move up since every 60 cent move up represents 100% gain on the long term
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 !!
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 !!