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Buying Swing: buying here 150 puts at 1.31 as a hedge on c

Posted: Tue Dec 24, 2013 10:46 am
by MMASSASSIN
Buying Swing: buying here 150 puts at 1.31 as a hedge on calls same contract amount. On the calls have still not closed the body and may of been a mathematical no mistake but wish to remain bullish placed for now . This hedge docent give the heft of closing the body but allows for possible low risk credit if we do pull back here since would see a pullback back to 150 as a bullish opertunety.

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 !!