Buying Swing: creating butterfly on the 620 calls at .20-

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MMASSASSIN
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Buying Swing: creating butterfly on the 620 calls at .20-

Post by MMASSASSIN »

Buying Swing: creating butterfly on the 620 calls at .20-.25 the spread so am short 620 calls and long the 625 and 615 calls. I see the possibility of a bounce towards those 620 levels and with the potential of 2 thousand % gain am going for it though this also is a higher risk play.

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 !!
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