Buying Swing: buying 20 next week puts at 2.32 same contract amount as next weeks call butterfly with intention of red
Posted: Thu May 27, 2021 9:19 am
Buying Swing: buying 20 next week puts at 2.32 same contract amount as next weeks call butterfly with intention of reducing exposure before the close. This leads an intraday risk of 30x oversized . We went bullish below 15s and now at 24s we have reached high side of target.
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 !!