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Buying Swing: buying 250 calls at .60 area strait long ove

Posted: Fri Feb 28, 2014 11:33 am
by MMASSASSIN
Buying Swing: buying 250 calls at .60 area strait long oversized position. what we want to see is a bounce of this larger picture 100% fib extension that was our pullback target all day, and if we could latter enter the 245 calls short at 5 or above we would do so . again that would have to mean a bounce back to 250 that I see as a very likely final magnet.

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 !!