Buying Swing: buying 520 next week calls at 5.85-6.00 area a full 20X OVERSIZED over weekend exposure. The intention i
Posted: Fri Oct 16, 2020 7:23 am
Buying Swing: buying 520 next week calls at 5.85-6.00 area a full 20X OVERSIZED over weekend exposure. The intention is to reduce risk by turning the strait long into a debit spread before earnings next week. Premiums tend to go up if we have the slightest move up into earnings day.
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 !!