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Buying Swing: buying 620 weekly puts at 5.50 puts same con

Posted: Tue Aug 07, 2012 3:17 pm
by MMASSASSIN
Buying Swing: buying 620 weekly puts at 5.50 puts same contract amount as the short 615 to make open body butterfly with intent of closing up the body before the close. again getting chopped up .

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 !!