Selling Swing: AGRESSIVE STRATEGY creating new 515 pCS at
Posted: Tue Jan 08, 2013 9:50 am
Selling Swing: AGRESSIVE STRATEGY
creating new 515 pCS at .65 spread area. We are now back above 527 and believe the next swing should bring us to 540. so looking to add to the 540 cDS to leg into a new oversized add to that play that we started positioning into yesterday. Were waiting to see if we can move back down to 527 as to get a cheaper premium on the 540 calls.
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 !!
creating new 515 pCS at .65 spread area. We are now back above 527 and believe the next swing should bring us to 540. so looking to add to the 540 cDS to leg into a new oversized add to that play that we started positioning into yesterday. Were waiting to see if we can move back down to 527 as to get a cheaper premium on the 540 calls.
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 !!