Buying Swing: turning the 530 puts leg into a wing on a 530

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: turning the 530 puts leg into a wing on a 530

Post by MMASSASSIN »

Buying Swing: turning the 530 puts leg into a wing on a 530 525 520 pB by buying 520 puts at .18 area same contract amount and double shorting the 525 puts at .60-.55

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”