Selling Swing: AGGRESSIVE strategy 2 trade a buying long l
Posted: Mon Nov 12, 2012 12:10 pm
Selling Swing: AGGRESSIVE strategy 2 trade a
buying long leg of 535 pDS at 6.55 - 7.15 with intention of turning this into a debit spread if weakness continues at the close. with a 1.75 spread in mind so the position is very large. If we see bounce from here then would not hesitate to turn this into a 540 pCS instead.
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 !!
buying long leg of 535 pDS at 6.55 - 7.15 with intention of turning this into a debit spread if weakness continues at the close. with a 1.75 spread in mind so the position is very large. If we see bounce from here then would not hesitate to turn this into a 540 pCS instead.
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 !!