Buying Swing: buying 675 weekly calls at a bad price of 4.
Posted: Tue Jan 28, 2020 10:17 am
Buying Swing: buying 675 weekly calls at a bad price of 4.80 area same contract amount as the exposed 635 calls from yesterday's close. this way we can double short the 655 calls before the close and butterfly the play. It also increases bullish intraday exposure pre earnings. Options are far out of the money as part of the earnings strategy layer out on friday
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 !!