Buying Swing: buying 510 puts at 4.55 area 20X OVERSIZED
Posted: Tue Jan 21, 2020 9:46 am
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 !!
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 !!