Buying Swing: bought 180 calls at .46 plus bough t181 call

Here is where we post regarding stock picks on our swing trading ideas, from multi-day to multi-week both stock and option calls and puts, on the Nasdaq or NYSE.
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MMASSASSIN
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Buying Swing: bought 180 calls at .46 plus bough t181 call

Post by MMASSASSIN »

Buying Swing: bought 180 calls at .46 plus bough t181 calls at .25-.30 same contract amount as the 183 calls from friday. The 180 calls is just a strait long oversized position, the 181 position is creating an open body butterfly where we will at the close double short the 182 calls.

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 !!