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Buying Swing: buying long leg of 550 547.50 pDS at 1.73-.8

Posted: Wed Jan 22, 2014 1:10 pm
by MMASSASSIN
Buying Swing: buying long leg of 550 547.50 pDS at 1.73-.80 with .65 spread in mind. we will keep the calls bullish exposure and rather focus on puts for protection intraday and if there is a strong enough retracement perhaps we could turn it into a low risk credit instead.

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 !!