Selling Swing: AGGRESSIVE STRATEGY strategy 2 trade a turni
Posted: Mon Dec 17, 2012 10:45 am
Selling Swing: AGGRESSIVE STRATEGY strategy 2 trade a
turning 530 cDS into a 525 cCS by locking in the 535 short leg at 2.20 area and moving it down to the 525 leg at 4.00. This puts us into an IC = Iron Condor. This way we can wait for clarity and have premium depreciation work in our favor. We are also considering if weakness persists buying the 485 pDS to turn this into a butterfly (aggressive strategy legging in ). And if we build strength then the 520 cDS would put us in a butterfly there as well (aggressive strategy legging in again ). But for now we profit on indecision until we get clarity .
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 !!
turning 530 cDS into a 525 cCS by locking in the 535 short leg at 2.20 area and moving it down to the 525 leg at 4.00. This puts us into an IC = Iron Condor. This way we can wait for clarity and have premium depreciation work in our favor. We are also considering if weakness persists buying the 485 pDS to turn this into a butterfly (aggressive strategy legging in ). And if we build strength then the 520 cDS would put us in a butterfly there as well (aggressive strategy legging in again ). But for now we profit on indecision until we get clarity .
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 !!