Buying Swing: AGRESSIVE STRATEGY Closed the 550 cB by shor
Posted: Thu Jan 03, 2013 2:28 pm
Buying Swing: AGRESSIVE STRATEGY
Closed the 550 cB by shorting 550 at 2.20 area
also turned the puts into a pO2B by buying 550 puts same contract amount at 5.75-6.05. These were very bad fills on the puts made a my stake when getting the clears on it and cost me. This places us now bearish into the close with the intention of closing up this butterfly hopefully making it free with guaranteed profits if the stock falls here. By the way I should of gotten cleared at 5.50 area on the puts, made a my stake and it puts me behind the game almost 1x oversized.
550p at 6.05-5.75
550c 2.20 area
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 !!
Closed the 550 cB by shorting 550 at 2.20 area
also turned the puts into a pO2B by buying 550 puts same contract amount at 5.75-6.05. These were very bad fills on the puts made a my stake when getting the clears on it and cost me. This places us now bearish into the close with the intention of closing up this butterfly hopefully making it free with guaranteed profits if the stock falls here. By the way I should of gotten cleared at 5.50 area on the puts, made a my stake and it puts me behind the game almost 1x oversized.
550p at 6.05-5.75
550c 2.20 area
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 !!