Buying Swing: buying long leg of 505 502.50 pDS at 1.30 wi

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MMASSASSIN
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Buying Swing: buying long leg of 505 502.50 pDS at 1.30 wi

Post by MMASSASSIN »

Buying Swing: buying long leg of 505 502.50 pDS at 1.30 with a .45 spread in mind. This means that if the puts lose .45 we have an oversized loss so stop loss at .85. also would consider a low risk credit if the pullback brought the 510 puts high enough. will enter short leg before close as usual.

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 !!
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