Buying Swing: buying 200 calls same contract amount as the

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MMASSASSIN
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Buying Swing: buying 200 calls same contract amount as the

Post by MMASSASSIN »

Buying Swing: buying 200 calls same contract amount as the 205 calls with intent of later shorting 202.50 to create butterfly. If we could enter 202.50 around .80 then we could make the butterfly freeish theoretically not counting the initial entry since that one was offset by early morning profits, only would happen on a bounce.

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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