Buying Swing: again buying long leg of a 210 212.50 cDS at

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MMASSASSIN
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Buying Swing: again buying long leg of a 210 212.50 cDS at

Post by MMASSASSIN »

Buying Swing: again buying long leg of a 210 212.50 cDS at .94-.98. She hit our pullback target of 195 and since we have strong bearish bets from friday we wish to hedge them from a possible bounce here. Earlier today we were stopped out at 1x oversized loss on this same play attempt, here we try again this time at more technically important level.

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 !!