Buying Swing: going bullish strongly at open by n buying SP

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MMASSASSIN
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Buying Swing: going bullish strongly at open by n buying SP

Post by MMASSASSIN »

Buying Swing: going bullish strongly at open by n buying SPY 192 calls same contract amount as the 194 position. On Friday we entered 194 196 198 cCB call calendar butterfly with 10 cent spread in mind. Now we will have the flexibility to bring the short body down to 195 if need be. Also if we see a strong come back we can replace the 194 leg next.

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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