Buying Swing: AGGRESSIVE STRATEGY
creating 430 cO2B by buying 425 calls at 6.50 area same contract amount as the 430 cCS creating a same contract amount on all 3 legs. If it turns agains us we can double the contract amount of the short leg and be in a perfect butterfly. Now there may not be support till 419.70 area, but choosing to attempt to bounce it here on a bounce indicator on my formulas. If we butterfly this call position by doubling short leg, then would also look to get long leg of a 410 pDS
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 !!
Buying Swing: AGGRESSIVE STRATEGY creating 430 cO2B by buy
- MMASSASSIN
- Trading for living
- Posts: 5599
- Joined: Thu Jan 29, 2009 1:30 am
- Contact: