Buying Swing: buying 330 puts at .85 area Oct 2 expire 10X OVERSIZED as we wick above the fib extension we were looki
Posted: Wed Sep 30, 2020 7:34 am
Buying Swing: buying 330 puts at .85 area Oct 2 expire 10X OVERSIZED as we wick above the fib extension we were looking for on SPY, mental stop 5x loss. Will look to protect this position before the close. Most likely turning it into a spread strategy.
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 !!