Buying Swing: buying debit spread by buying 565 weekly pu
Posted: Wed Jun 06, 2012 1:44 pm
Buying Swing: buying debit spread by buying 565 weekly puts trough 560 weekly puts at 1.00 spread creating an of balanced butterfly. There is the possibility of a stronger bond bounce and pullback to to 567 so to protect our bullish bets wish to position here with the intention if we move higher to dubble the long 555 leg while removing the 565 leg creating a even larger credit spread.
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 !!