Buying Swing: buying long leg of 175 cDS at 1.50 area with

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MMASSASSIN
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Buying Swing: buying long leg of 175 cDS at 1.50 area with

Post by MMASSASSIN »

Buying Swing: buying long leg of 175 cDS at 1.50 area with .90 spread in mind. attempting a bounce play with intent to enter short leg before the close, we still have the 185 cDS from yesterday so at the close wish to, if we close with strength, move the 190 short down to 180 making this a butterfly overnight. Again we can only go the butterfly route if we have strength into the close and the 180 calls gain to at least 1.50 or above.

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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