Buying Swing: turned 145 cCS into cOB by buying 140 calls

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MMASSASSIN
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Buying Swing: turned 145 cCS into cOB by buying 140 calls

Post by MMASSASSIN »

Buying Swing: turned 145 cCS into cOB by buying 140 calls at 1.50 area. Remember we shorted the 445s earlier in the week at 5.35, this was the credit that we made almost free of risk with 7x possibility of return, now if we bounce and its an open body we wish ti time a bounce, with intention of dubbing the short leg before the close.

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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