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Buying Swing: AGRESSIVE STRATEGY entering short leg of 505

Posted: Mon Jan 07, 2013 1:25 pm
by MMASSASSIN
Buying Swing: AGRESSIVE STRATEGY
entering short leg of 505 pCS at 1.75 area . so now we have the flu credit spread but we are ready to buy the long 510 leg same contract amount if AAPL was to show weakness again, to create an open body butterfly

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 !!