Selling Swing: AGGRESSIVE STRATEGY
Turning 525 cDS into a 520 cCS by moving the short leg from 530 at .41-.44 to 520 at .79-.74. this cDS play we are down on from yesterday and now we won't lose any more premium if we turn it into a credit spread but with the long 505 leg we just added if aapl has a sharp bounce we create a partial hedge at a point much further out more seseptible to depreciation.
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 !!
Selling Swing: AGGRESSIVE STRATEGY Turning 525 cDS into a
- MMASSASSIN
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