Buying Swing: AGGRESSIVE STRATEGY entering long leg of a 5
Posted: Tue Jan 15, 2013 12:18 pm
Buying Swing: AGGRESSIVE STRATEGY
entering long leg of a 500 cCS at 2.14 area with a 1.00 spread in mind oversized. So first we only have the long leg, This way if we bounce here we have a long leg of something we can turn into a credit spread latter and by the close we want to have as a butterfly with the 500 body.
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 !!
entering long leg of a 500 cCS at 2.14 area with a 1.00 spread in mind oversized. So first we only have the long leg, This way if we bounce here we have a long leg of something we can turn into a credit spread latter and by the close we want to have as a butterfly with the 500 body.
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 !!