Buying Swing: buying SPY 222 puts at .20-.23 area 10X OVERS

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.
User avatar
MMASSASSIN
Trading for living
Posts: 5599
Joined: Thu Jan 29, 2009 1:30 am
Contact:

Buying Swing: buying SPY 222 puts at .20-.23 area 10X OVERS

Post by MMASSASSIN »

Buying Swing: buying SPY 222 puts at .20-.23 area 10X OVERSIZED. We are going very very aggressively bearish SPY here as my formulas now clear negative. We are definitely fighting a rising tide here so 4x oversized mental stop.

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 !!