Buying Swing: buying this week expire 670 puts at 5.90 same contract amount as existing 690 puts, this way we can down

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 this week expire 670 puts at 5.90 same contract amount as existing 690 puts, this way we can down

Post by MMASSASSIN »

Buying Swing: buying this week expire 670 puts at 5.90 same contract amount as existing 690 puts, this way we can down the line double short 680 puts and reduce exposure.

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 !!