Page 1 of 1

Buying Swing: buying SPY 211.50 puts at .82 same contract a

Posted: Wed Jun 10, 2015 2:53 pm
by MMASSASSIN
Buying Swing: buying SPY 211.50 puts at .82 same contract amount as the 210.50 puts from earlier. This way if we push higher we double short 211. Yes were getting highest extrinsic value but we are at fib resistance again .

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 !!