Buying Swing: Turned the October 285 call straight long into a 285 310 335 cB cB= call butterfly By double shorting th
Posted: Mon Sep 11, 2023 11:32 am
Buying Swing: Turned the October 285 call straight long into a
285 310 335 cB
cB= call butterfly
By double shorting the 310 calls and buying 335 calls against the existing 285 calls , this locks in 11.25 essentiality removing 11x worth of exposure risk on the 1k to 1 mill challenge account.
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 !!
285 310 335 cB
cB= call butterfly
By double shorting the 310 calls and buying 335 calls against the existing 285 calls , this locks in 11.25 essentiality removing 11x worth of exposure risk on the 1k to 1 mill challenge account.
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 !!