Buying Swing: AGGRESSIVE STRATEGY buying back 465 puts at

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MMASSASSIN
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Buying Swing: AGGRESSIVE STRATEGY buying back 465 puts at

Post by MMASSASSIN »

Buying Swing: AGGRESSIVE STRATEGY
buying back 465 puts at 1.50-.75 half the contract amount of the long 455 calls. The intent will be to short latter the 460 puts enough so that we end up with the same contract amount as the 455 long bringing us into a butterfly with a kicker at 455. Right now we only have 1/4 the short 460s.

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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