Buying Swing: SPY 212.50 calls at .38 area so that way if w

Here is where we post regarding stock picks on our swing trading ideas, from multi-day to multi-week both stock and option calls and puts, on the Nasdaq or NYSE.
ctinvestor
Posts: 230
Joined: Wed Apr 27, 2011 8:24 pm

Buying Swing: SPY 212.50 calls at .38 area so that way if w

Post by ctinvestor »

Buying Swing: SPY 212.50 calls at .38 area so that way if we get a rip up tomorrow above 213, I'm hedged and keep all profits on the 212/213/214 cB no short body so if we broke out above 213.99 (my breakeven) I can still profit. I bought half of what I bought for butterfly in terms of sizing because I don't need much to have it work
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