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Buying Swing: AGGRESSIVE strategy 8 trade b we added 540 p

Posted: Wed Dec 05, 2012 12:54 pm
by MMASSASSIN
Buying Swing: AGGRESSIVE strategy 8 trade b
we added 540 puts at 3.40 same contract amount as the 545 puts short to create a 540 pCS and locking in the huge profits on the 565 long leg at 16.00 since we still hold the 550 leg as its replacement. WHat this dose is turn the 570 pB into one with a very far out long leg at 570 meaning every dollar we bounce fr

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 !!