Buying Swing: bought SPY 221 puts at .75 area 5x Oversized.

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MMASSASSIN
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Buying Swing: bought SPY 221 puts at .75 area 5x Oversized.

Post by MMASSASSIN »

Buying Swing: bought SPY 221 puts at .75 area 5x Oversized. As we posted in the chat room, we wanted to have a strong bearish market position on a market bounce back to pivot point, also looking to buy 219 same contract amount as to butterfly 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 !!
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