Buying Swing: buying 800 puts at 7.45 area same contract amount as the call butterfly. This is a bearish hedge on bullish profits. If she dose not move down would be glad to turn this into a puts debit or butterfly and reduce risk.
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 !!
Buying Swing: buying 800 puts at 7.45 area same contract a
- MMASSASSIN
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