Buying Swing: tomorrow expire SPY bearish stakes adding 425 420 415 pB at .72 415 strait long at .35 just for incase
Posted: Thu Apr 28, 2022 10:07 am
Buying Swing: tomorrow expire SPY bearish stakes
adding 425 420 415 pB at .72
415 strait long at .35 just for incase
We timed the bullish positions well including a 5 buck 427 cB that expires tomorrow, and higher up cal butterfly for next week. This position can be very profitable if we snap down tomorrow, but its higher risk . We did hit the next fib here at 427.52 so I have to attempt bearish plays here even if they go to zero.
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 !!
adding 425 420 415 pB at .72
415 strait long at .35 just for incase
We timed the bullish positions well including a 5 buck 427 cB that expires tomorrow, and higher up cal butterfly for next week. This position can be very profitable if we snap down tomorrow, but its higher risk . We did hit the next fib here at 427.52 so I have to attempt bearish plays here even if they go to zero.
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 !!