Buying Swing: bought the long leg of a 1200 1202.50 cDS at

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MMASSASSIN
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Buying Swing: bought the long leg of a 1200 1202.50 cDS at

Post by MMASSASSIN »

Buying Swing: bought the long leg of a 1200 1202.50 cDS at 4.30-.50 with .80 spread in mind. this means that if we fall .80 from entry then would exit at 1x oversized loss. On friday we bought 1200 1190 1180 pB at .70 and this has a max profit of 1328% we are up big this morning and this calls position is intended to protect prefect from bounces.

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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