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Selling Swing: creating a 650 pCB spread at .70 spread are

Posted: Wed Oct 17, 2012 10:03 am
by MMASSASSIN
Selling Swing: creating a 650 pCB spread at .70 spread area with enterys at 4.40 / 6.50 / 9.55 areas for the 3 different strikes the short legs this time are the 2 wings with the long leg being the body. There if we want to go bearish AAPL al we have to do is move 1/2 of the body up to 660 and if we want to go bullish we move 1/2 the body down to 640. Or if I want to turn bearish just remove one of the short wings

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 !!