Selling Swing: turning our 655 cOB into a 655 cB by renter
Posted: Tue Oct 16, 2012 1:13 pm
Selling Swing: turning our 655 cOB into a 655 cB by rentering the full body at 4.15-3.65, HUGE SMILES, we still own the 650 long and not till now do we protect the profits. Now if we have slow down of move up or sideways action we have a great amount of additional profits we can make with this very fat butterfly. If we see additional strength then would not hesitate on a day high pass to exit again 1/2 of the body but not the whole body as we did before.
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 !!