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Buying Swing: buying January monthly 760 calls at 8.65 10X OVERSIZED, 18 days till they expire . will most likely hi

Posted: Mon Dec 28, 2020 9:18 am
by MMASSASSIN
Buying Swing: buying January monthly 760 calls at 8.65 10X OVERSIZED, 18 days till they expire . will most likely hit the all important 500k delivery number for they year, but at current increasing rates of production next year will be much stronger. At the beginning of Jan we should see delivery numbers and into these numbers I wish to have a far out bullish position in place. Yes this is very far out in price but need to have the positioning in place especially if the market continues higher. will turn this play into a debit or butterfly if we move into 3x oversized mental stop.

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 !!