Buying Swing: buying 630 weekly calls at .98-1.15 2x overs
Posted: Mon Jul 09, 2012 10:46 am
Buying Swing: buying 630 weekly calls at .98-1.15 2x oversize the reason this position is so large is because wish to if we have weakness or sideways action short the 625 calls to move us but if we push up as I expect here then we can profit strongly and perhaps use this as the long leg of a butterfly 625 into the close.
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 !!