Buying Swing: buying 535 puts at 3.00-.30 same contract am
Posted: Tue Feb 11, 2014 3:02 pm
Buying Swing: buying 535 puts at 3.00-.30 same contract amount as the 527.50 position. we wish to create a 535 530 527.50 pB by the close but to begin with we start buy buying 535 puts same contract amount as our existing 527.50 525 pDS. then by the close we wish to remove the 525 short leg and then double short the 530 leg. So set one would be buy the 535 puts, then at the close cover 525 and double short 530. As I send this we break day highs and am looking to already enter the 530s and remove 525s
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 !!