Buying Swing: buying long leg of 430 cDS at 4.45-.50 area with a 1.70 spread in mind. The intention is to enter the short leg before the close. We still have the 440 cDS we entered into friday.
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: buying long leg of 430 cDS at 4.45-.50 area
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