Buying Swing: buying weekly 315 325 335 cO2B same contract and on top of existing 315 cB that we made free yesterday,
Posted: Wed Nov 11, 2020 8:24 am
Buying Swing: buying weekly 315 325 335 cO2B same contract and on top of existing 315 cB that we made free yesterday, this is half open meaning it adds a leg at 335 and leaves a debit 305 315 while removing the 325 leg for now that will later turn into a debit and a credit. see the potential for a market rally here as stronger now that SPY is passing its fib resistance . The exposure is huge until we short the rest of the body equivalent or credit area.
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 !!