Buying Swing: buying long leg of 510 512 cDS at .70-.91 wi

Here is where we post regarding stock picks on our swing trading ideas, from multi-day to multi-week both stock and option calls and puts, on the Nasdaq or NYSE.
User avatar
MMASSASSIN
Trading for living
Posts: 5599
Joined: Thu Jan 29, 2009 1:30 am
Contact:
Contact MMASSASSIN

Buying Swing: buying long leg of 510 512 cDS at .70-.91 wi

Post by MMASSASSIN »

Buying Swing: buying long leg of 510 512 cDS at .70-.91 with .35 spread in mind. we will give this one more leeway on the stop of 2x vs 1x since premiums are so volatile and with the market up there is a good chance of AAPL beginning a real bounce. Also on we entered the short leg of the 179 179.50 cDS yesterday at .25, would like to remove it at the same area if the premium dropped enough.

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 !!
Top

Return to “Swing for the Fences”