Buying Swing: Finally buying long leg of a 445 cDS at .56

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MMASSASSIN
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Buying Swing: Finally buying long leg of a 445 cDS at .56

Post by MMASSASSIN »

Buying Swing: Finally buying long leg of a 445 cDS at .56 area with .36 spread in mind. with intention of entering the short leg 440 at the close or 1x loss. but if we see weakness then would consider entering 450 calls as a low risk credit if a pullback allowed 5 dollar short.

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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