Buying Swing: buying 605 calls at 3.35 area and creating c
Posted: Mon Apr 23, 2012 3:31 pm
Buying Swing: buying 605 calls at 3.35 area and creating credit spread on 575 puts at 1.56 area trough 565 puts at .85 area. we already had some 565 puts longs but had to add more to make this play a oversized credit spread on the spread. So now we have an iron condor with an additional inside long leg with this 605 calls
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 !!