Buying Swing: exiting body completely by covering the othe

Here is where we post regarding stock picks on our swing trading ideas, from multi-day to multi-week both stock and option calls and puts, on the Nasdaq or NYSE.
User avatar
MMASSASSIN
Trading for living
Posts: 5599
Joined: Thu Jan 29, 2009 1:30 am
Contact:
Contact MMASSASSIN

Buying Swing: exiting body completely by covering the othe

Post by MMASSASSIN »

Buying Swing: exiting body completely by covering the other 1/2 of the 615 calls at 2.29-.50 by the time I send this its down to 2.08. Opening up this butterfly has worked against us and if we do not do something about the long legs then we have further bearish exposure. Now if we bounce then we have big profit potential on the 610 calls since were holding both wings of the 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 !!
Top

Return to “Swing for the Fences”