Buying Swing: buying 510 puts at 4.55 area 20X OVERSIZED

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MMASSASSIN
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Buying Swing: buying 510 puts at 4.55 area 20X OVERSIZED

Post by MMASSASSIN »

Buying Swing: buying 510 puts at 4.55 area 20X OVERSIZED This is a hedge against the nice opening stock and options profits we have on today's gap up. If we continue higher we will double short 500 and create a butterfly there.

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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