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Buying Swing: at open we entered the long leg of 210 212.5

Posted: Fri Apr 11, 2014 10:08 am
by MMASSASSIN
Buying Swing: at open we entered the long leg of 210 212.50 at .22-.39 so .30 average with a .14 spread in mind. after that we bounced fast and we exited at 1.00-.91 . so we made there 4.64X oversized profit ). Todays open was a rear friday day trade opportunity. We have now bought the 200 puts with a .80 spread in mind at 2.14-.20.

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 !!