Buying Swing: buying long leg 195 197.50 cDS at 1.20-1.30

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MMASSASSIN
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Buying Swing: buying long leg 195 197.50 cDS at 1.20-1.30

Post by MMASSASSIN »

Buying Swing: buying long leg 195 197.50 cDS at 1.20-1.30 with a .35 spread in mind. Friday we bought 195 puts plus a 190 185 180 pB with over 1500% profit potential only on the butterfly. We wish to protect the profit potential again this from possible bounces 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 !!