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Buying Swing: buying next week 630 puts at 4.30 area 4X OVERSIZED with mental stop at 3.30 . So we are here using a li

Posted: Wed Aug 18, 2021 6:18 am
by MMASSASSIN
Buying Swing: buying next week 630 puts at 4.30 area 4X OVERSIZED with mental stop at 3.30 . So we are here using a little bit of the profits we locked on timing to bounce as to position bearishly into next week for incase we get bearish continuation after this bounce. Though mind you she could bounce as high as fib at 700.56 but regardless need to enter at the fib at 687.09 were we are now.

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 !!