Buying Swing: opening butterfly body by exiting 1/2 of the

Here is where we post regarding stock picks on our swing trading ideas, from multi-day to multi-week both stock and option calls and puts, on the Nasdaq or NYSE.
User avatar
MMASSASSIN
Trading for living
Posts: 5599
Joined: Thu Jan 29, 2009 1:30 am
Contact:
Contact MMASSASSIN

Buying Swing: opening butterfly body by exiting 1/2 of the

Post by MMASSASSIN »

Buying Swing: opening butterfly body by exiting 1/2 of the 615 calls at 4.15-.20 unfortunately now those calls are down to 3.50. Want to see if this gap cover is an intraday bullish opportunity but am considering already adding back the body. Also am looking to do a play on bearishly since the market is so weak probably a strait long puts or a debit spread on

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 !!
Top

Return to “Swing for the Fences”