Buying Swing: buying long leg of 575 577.50 cDS at 1.75 with .45 spread in mind , after getting stopped out on the 560 puts. could easily get chopped up again. After a deal of this magnitude want to be placed for incase we get continuation into the close. Depending on how much we move we might short a higher up leg if the risk dose not exceed oversized.
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 575 577.50 cDS at 1.75 wi
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