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Buying Swing: buying long leg of SPY 196.50 196.00 pDS at .

Posted: Wed Jul 02, 2014 2:45 pm
by MMASSASSIN
Buying Swing: buying long leg of SPY 196.50 196.00 pDS at .21 area with .09 spread in mind. We see the possibility of a market pull back here and wish to protect with close in tomorrow expire puts. Will enter the short leg before the close.

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 !!