Buying Swing: buying long leg of 135 cDS at 2.00-.07 with

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MMASSASSIN
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Buying Swing: buying long leg of 135 cDS at 2.00-.07 with

Post by MMASSASSIN »

Buying Swing: buying long leg of 135 cDS at 2.00-.07 with a .40 spread in mind. Trying to bounce gold here after a huge fall my formulas show a bounce may come here. If we bounce strong enough we may end up turning this into a free credit spread by shorting closer to the money calls but for now have a debit spread in mind. we only have long leg in now. so taking a very large bullish risk.

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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