Buying Swing: buying 610 July calls at 2.75-2.80 1/2 the c

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MMASSASSIN
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Buying Swing: buying 610 July calls at 2.75-2.80 1/2 the c

Post by MMASSASSIN »

Buying Swing: buying 610 July calls at 2.75-2.80 1/2 the contract amount of the 615 credit spread. so this puts us into a butterfly with an extra july 625 leg that we can exit 1/2 latter to tern this into a fully balanced butterfly.

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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