Buying Swing: buying long leg of 505 502.50 pDS at 1.30 wi
Posted: Wed Feb 05, 2014 2:20 pm
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 !!
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 !!