Buying Swing: buying 730 calls at 7.10-.30 same contract

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MMASSASSIN
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Buying Swing: buying 730 calls at 7.10-.30 same contract

Post by MMASSASSIN »

Buying Swing: buying 730 calls at 7.10-.30 same contract amount as the 670 puts long. with intent to turn this into a 735 cB at the close. This brings protection to our long puts stake until we get the rest of the legs into the puts 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 !!