Selling Swing: AGGRESSIVE STRATEGY turning 520 cB into 510
Posted: Wed Jan 16, 2013 10:03 am
Selling Swing: AGGRESSIVE STRATEGY
turning 520 cB into 510 and 520 cCS by moving 1/2 of the 520 body at .90 down to the 510 line at 2.00 areas. Essentially turning the butterflies into 2 new credit spreads.
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 !!
turning 520 cB into 510 and 520 cCS by moving 1/2 of the 520 body at .90 down to the 510 line at 2.00 areas. Essentially turning the butterflies into 2 new credit spreads.
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 !!