Buying Swing: buying 965 calls butterfly .50 spread with 6

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MMASSASSIN
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Buying Swing: buying 965 calls butterfly .50 spread with 6

Post by MMASSASSIN »

Buying Swing: buying 965 calls butterfly .50 spread with 690 long at 1.18-.28 695 short at .53 area long 700 at .30 area. The spread was worse since got the long 690 leg in first then we pulled back and had to enter the rest of the legs at lower premiums. by the close we wish to have 2 butterflies 695 on calls side 655 on the puts side. We have a puts credit spread right now but ail make that into a butterfly again before close .

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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