Buying Swing: AGGRESSIVE STRATEGY exiting the 465 short le

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MMASSASSIN
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Buying Swing: AGGRESSIVE STRATEGY exiting the 465 short le

Post by MMASSASSIN »

Buying Swing: AGGRESSIVE STRATEGY
exiting the 465 short leg completely at 1.80 but holding all the long legs. Now fell back and were profiting on the credit side of this but due to the long legs we added latter we are losing more mainly due to the 460 long. so now were positioned to profit if we bounce but we have the ability to short twice the contract amount of the 455 calls . Best case sinerio would be a bounce here that would remove the puts short risk plus let these long legs profit and then renter the 465 leg at a higher premium and larger contract amount.

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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