Buying Swing: buying 250 puts at 4.00-.10 same contract am
Posted: Tue Feb 25, 2014 1:02 pm
Buying Swing: buying 250 puts at 4.00-.10 same contract amount as the 240 puts with intent to double short the 245 before the close so we have a butterfly closer to the 447 100% fib extension. the way we drew the extension was starting after that first gap up long term.
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 !!