Buying Swing: covered the short leg of 205 210 cDS at 1.60
Posted: Mon Apr 21, 2014 1:41 pm
Buying Swing: covered the short leg of 205 210 cDS at 1.60-.80, as soon as 200 was passed we knew a sharp move up to the declining trend line from al time highs should be reached. Now that level would be important resistance. Once 206 was to be reached we would be looking to buy the long leg of a 200 197.50 pDS. and at the same time renter the 210 call short leg.
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 !!