Buying Swing: AGRESSIVE STRATEGY buying 520 puts at .30 ar
Posted: Fri Dec 07, 2012 1:06 pm
Buying Swing: AGRESSIVE STRATEGY
buying 520 puts at .30 area same contract amount as the 535 butterfly long legs. this way we can latter turn it into a credit spread by shorting 525 if we fall back and and the premium goes to 5 bucks on it.
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 520 puts at .30 area same contract amount as the 535 butterfly long legs. this way we can latter turn it into a credit spread by shorting 525 if we fall back and and the premium goes to 5 bucks on it.
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 !!