Buying Swing: buying long leg of 510 505 pDS at 1.45 area

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 510 505 pDS at 1.45 area

Post by MMASSASSIN »

Buying Swing: buying long leg of 510 505 pDS at 1.45 area with .60 spread in mind, after hitting stop loss area on the 505 puts. rather than fight premium decay even though getting stopped out of the puts probably was at the wrong possible time, am instead refocusing on an easier to reach point.

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”