Selling Swing: creating full butterfly on by doubling to t
Posted: Tue May 08, 2012 2:26 pm
Selling Swing: creating full butterfly on by doubling to the 555 weekly puts short at 3.90 and 3.65-3.60 we before did not have a full butterfly but now we have added as to make it a full butterfly and buy ourselves time before making any new commitments. I am not yet ready to commit bullishly on but if we do chose to tern bullish on we can hold on to this butterfly and just enter new long calls stakes.
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 !!