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Selling Swing: AGGRESSIVE strategy 2 trade a buying long l

Posted: Mon Nov 12, 2012 12:10 pm
by MMASSASSIN
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 !!