Buying Swing: buying 47 weekly puts at 1.19-1.29 10X OVERSIZED. NIO has reached absolutely ridiculous over extension.

Here is where we post regarding stock picks on our swing trading ideas, from multi-day to multi-week both stock and option calls and puts, on the Nasdaq or NYSE.
User avatar
MMASSASSIN
Trading for living
Posts: 5599
Joined: Thu Jan 29, 2009 1:30 am
Contact:

Buying Swing: buying 47 weekly puts at 1.19-1.29 10X OVERSIZED. NIO has reached absolutely ridiculous over extension.

Post by MMASSASSIN »

Buying Swing: buying 47 weekly puts at 1.19-1.29 10X OVERSIZED. NIO has reached absolutely ridiculous over extension. yes we are chasing this entry but using the bounce back to a fib point as to enter a strong bearish stake.

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 !!