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Buying Swing: buying long leg of 175 172.50 pDS at 1.48-.5

Posted: Wed Jan 22, 2014 11:44 am
by MMASSASSIN
Buying Swing: buying long leg of 175 172.50 pDS at 1.48-.51 with .70 spread in mind, as we pass day highs. We are up huge on our long term plays and again we need to protect those profits, mental stop is .70 below entry . Chances are we get stopped out but she looks clear to move to 180 next.

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 !!