Buying Swing: buying long leg of 170 cDS at 1.80 average 2x oversized .90 spread in mind. This is legging into a debit but we would wish to ideally short the 165 calls to create a credit if she gets up to 5.90
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 170 cDS at 1.80 average 2
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