Buying Swing: adding 600 weekly calls .10-1.25 plus added
Posted: Wed May 02, 2012 11:52 am
Buying Swing: adding 600 weekly calls .10-1.25 plus added 575 weekly puts credit spread trough 570 weekly puts at 1.10 spread area. So added to the bullish strategy with now 2x oversized on the puts credit spread and thats financing the same money allocation as the credit spread spread on the long 600 weekly calls , protecting it against sideways action. I believe that may be building for a run into friday.
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 !!