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Buying Swing: had a sharp pullback so were entering a high

Posted: Fri Mar 07, 2014 11:00 am
by MMASSASSIN
Buying Swing: had a sharp pullback so were entering a higher risk play here buying 250 calls at .50 that we puled back to 247 target today expiery. As we send this its down to .30 already. strait 1x oversized just for incase we bounce. GOOG is falling sharply and could move rest of tech down with it, if it dose the bearish position could work out nicely.

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 !!