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Buying Swing: buying next week 560 calls at 3.90 area same

Posted: Mon Jan 06, 2014 2:33 pm
by MMASSASSIN
Buying Swing: buying next week 560 calls at 3.90 area same contract amount as the long 555 calls we have for this week. Since we have bearish protections in place and this is a critical resistance placing a bullish bet for next week with a mental stop 1 buck 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 !!