Buying Swing: buying 180 calls at .35-.39 to create 175 cOB

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MMASSASSIN
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Buying Swing: buying 180 calls at .35-.39 to create 175 cOB

Post by MMASSASSIN »

Buying Swing: buying 180 calls at .35-.39 to create 175 cOB so same contract amount as the 170 long leg. so instead of creating a debit at the close we will be shorting 175 leg twice the contract amount to end up in a perfect butterfly.

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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