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Selling Swing: closing butterfly body by doubling the contr

Posted: Wed Jun 06, 2012 1:14 pm
by MMASSASSIN
Selling Swing: closing butterfly body by doubling the contract amount short on 575 weekly puts at 3.70-3.55 this makes our play a full butterfly removing risk for see the possibility of retracement here. I remain very bullish but wish to be cautious here

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 !!