Buying Swing: AGGRESSIVE STRATEGY covering and going long 5
Posted: Wed Jan 16, 2013 3:49 pm
Buying Swing: AGGRESSIVE STRATEGY
covering and going long 500 puts at 2.69-3.00 so now long same contract amount and at the close will short twice the contract amount of the 495 puts to create a 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 !!
covering and going long 500 puts at 2.69-3.00 so now long same contract amount and at the close will short twice the contract amount of the 495 puts to create a 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 !!