Selling Swing: AGGRESSIVE strategy 3 trade a buying long o
Posted: Mon Nov 12, 2012 12:15 pm
Selling Swing: AGGRESSIVE strategy 3 trade a
buying long of 565 cDS wish to clear at 1.39-.50 with a .54 spread in mind. This is a hedge on the long puts leg we just entered and buys us time to see if can hold here. But if we do not see a bounce we can short 560 to go for a 560 cCS instead to give us some Iron condor action.
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 of 565 cDS wish to clear at 1.39-.50 with a .54 spread in mind. This is a hedge on the long puts leg we just entered and buys us time to see if can hold here. But if we do not see a bounce we can short 560 to go for a 560 cCS instead to give us some Iron condor action.
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 !!