Buying Swing: buying 580 weekly calls at 2.15-2.20 here sam
Posted: Wed Jun 06, 2012 10:53 am
Buying Swing: buying 580 weekly calls at 2.15-2.20 here same contract amount of our debit spread 570 calls that are now in the money to create a open body butterfly and increase max profit potential continuation move with the intent of closing up the body of the butterfly by adding to the 575 weekly calls short if we see any weakness, but right now am very bullish and 580 should not be hard to pass this week possibly 590 if we have follow trough best case senerio. Big smiles to those who bought 570 weekly calls friday on when she was beaten down and gave us such nice buying ops.
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 !!