Buying Long Term: buying long leg of 2X OVERSIZED SPY 121 1

(Long Term Positions) Here you find the big Idea stock picks, the holders, why how and when. You could argue the big money is in finding the big idea of tomorrow today before the market resizes it even exists, this is where I believe you can really turn money into wealth.
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MMASSASSIN
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Buying Long Term: buying long leg of 2X OVERSIZED SPY 121 1

Post by MMASSASSIN »

Buying Long Term: buying long leg of 2X OVERSIZED SPY 121 122 cDS call debit spread at .90 area with .32 spread in mind. We are up huge on the Sept Sept 121 119 puts that create a open body butterfly. But today we reach a big initial target of 61.8% fib extension at 120.45. This helps hedge the profits if www start bouncing.

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 !!
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