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Buying Swing: buying 560 calls at 3.30-.40 same contract a

Posted: Tue Dec 17, 2013 1:02 pm
by MMASSASSIN
Buying Swing: buying 560 calls at 3.30-.40 same contract amount as the 565 calls, we will exit the 565 calls at the close, not sure if we will roll down the 567.50 short body down to the 565 level yet. Now this call stake should be roughly twice the contract amount of the puts exposure keeping us bullish in biest.

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 !!