Buying Swing: buying long leg of 515 517.50 cDS at 1.00-1.10 with a .35 spread in mind. this means that if we fall to .70 we will get stopped out. Were attempting a bounce but is looking very weak, do not ming getting a few losses till the bounce happens.
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 515 517.50 cDS at 1.00-1.
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