Buying Swing: AGGRESSIVE STRATEGY turning calls positions

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MMASSASSIN
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Buying Swing: AGGRESSIVE STRATEGY turning calls positions

Post by MMASSASSIN »

Buying Swing: AGGRESSIVE STRATEGY
turning calls positions into cO2B by shorting 340 at 2.70.50 area. remember friday we entered into the 435 cDS long leg at .75 with a .29 spread in mind, but before the close friday at .60 area we only entered 1/2 of the short 440 leg due to the uniq situation. today in the morning we bought 445 calls at .75 area same contract amount we had of the 435 calls leaving us with a cO1/4B now by entering only enough of the short to make this into a O2B we are essentially removing all risk and leaving strong profits in the bag without having to make this into a fully closed body.

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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