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Buying Long Term: the butterfly on Aug has one wing 10 buck

Posted: Tue Jul 08, 2014 3:48 pm
by MMASSASSIN
Buying Long Term: the butterfly on Aug has one wing 10 bucks away the other 15 bucks away but its ok since we have a debit spread to make up for the 5 bucks additional exposure, so again August monthly
250 260 cDS
240 260 275 cB
265 270 cDS

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 !!