Selling Swing: AGGRESSIVE STRATEGY shorting mar 435 calls

Here is where we post regarding stock picks on our swing trading ideas, from multi-day to multi-week both stock and option calls and puts, on the Nasdaq or NYSE.
User avatar
MMASSASSIN
Trading for living
Posts: 5599
Joined: Thu Jan 29, 2009 1:30 am
Contact:
Contact MMASSASSIN

Selling Swing: AGGRESSIVE STRATEGY shorting mar 435 calls

Post by MMASSASSIN »

Selling Swing: AGGRESSIVE STRATEGY
shorting mar 435 calls to create cCS at 2.44-.55 . same contract amount as the 415 calls long leg from earlier today. also watching 430 in the money calls and if we were to see enough strength reemerge on then would look to buy 1/2 the contract amount of these in the money calls so that we would have a 435 butterfly with a 440 kicker. by the time I send this this short leg is up to 2.80 already so getting cut up a bit with this entry.

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 !!
Top

Return to “Swing for the Fences”