Buying Swing: bought 520 April calls at 4.85-5.00 same con
Posted: Wed Apr 18, 2012 11:02 am
Buying Swing: bought 520 April calls at 4.85-5.00 same contract amount of the 605 long leg and 615 short leg. This way if we move higher we are not caped in profits plus if we remove the 615 leg then we end up with a credit spread bearish.
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 !!
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 !!