Buying Swing: buying 600 weekly puts at 1.95 2.08 and 2.10
Posted: Mon Jul 09, 2012 3:25 pm
Buying Swing: buying 600 weekly puts at 1.95 2.08 and 2.10 same contract amount as the short on 595 weekly puts to create an open body butterfly but by the close will rubble the short on 595 to close the bossy of this butterfly. Also on the calls at side right pin the closing minutes, wish to buy a debit spread 620 weekly calls trough 625 calls same contract amount as the current short 625 to create another butterfly on the calls side. so in right at close wish to have a butterfly on both calls and puts.
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 !!