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Selling Swing: exiting butterfly strategy at .71 spread. a

Posted: Tue Mar 13, 2012 11:06 am
by MMASSASSIN
Selling Swing: exiting butterfly strategy at .71 spread. anywhere between AAPL 550 and 555 would be very profitable AAPL but at 559 it goes back towards even . with the strategy making a slow move up more profitable than a fast move up. today we saw a very fast move up so ended up exiting flat the AAPL butterfly strategy

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 !!