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Selling Swing: turning 700 pCB into pCO2B by exiting 1/2 o

Posted: Thu Sep 20, 2012 10:58 am
by MMASSASSIN
Selling Swing: turning 700 pCB into pCO2B by exiting 1/2 of the 700 at 5.20-.10 and buying 690 at .83 area when you turn a CB into a CO2B you have to add a leg , in this case the 690s. This makes our play more bullish in its inclination.

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 !!