Buying Swing: replaced the 217 leg with the 215 leg by exi

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MMASSASSIN
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Buying Swing: replaced the 217 leg with the 215 leg by exi

Post by MMASSASSIN »

Buying Swing: replaced the 217 leg with the 215 leg by exiting the 217 at .40 area and buying 215 at .75 area making a stable butterfly 212.50. Earlier we had a credit biest butterfly and we locked in about 9-10x oversized profits in the process . Now were removing the credit risk just for incase there was to be a big move up after tomorrows employment picture.

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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