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Buying Swing: Next Week buying long leg of 179 178 pDS at

Posted: Thu Dec 19, 2013 2:35 pm
by MMASSASSIN
Buying Swing: Next Week buying long leg of 179 178 pDS at .54 area with .19 spread in mind. Will enter short leg before the close if we don’t get stopped out. A position for incase we fall into next week after the sharp move up yesterday on what was originally thought to be perceived as negative market news. Wish to clear between .50-.57. mental stop .19 cents bellow entry. First bearish bet on SPY that iv made this month.

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 !!