Buying Swing: AGGRESSIVE STRATEGY buying creating 445 cOB

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MMASSASSIN
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Buying Swing: AGGRESSIVE STRATEGY buying creating 445 cOB

Post by MMASSASSIN »

Buying Swing: AGGRESSIVE STRATEGY
buying creating 445 cOB by buying 455 calls at .28 same contract amount as the 445 and want to enter the full short body at .60-.55 on a small bounce to remove further exposure. If we don't get a bounce then am willing to get the short leg for less. So we are legging into a calls butterfly, pivot was lost so can't remain bullishly exposed any more.

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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