Buying Swing: AGGRESSIVE STRATEGY buying 480 calls at .45-
Posted: Mon Jan 28, 2013 1:39 pm
Buying Swing: AGGRESSIVE STRATEGY
buying 480 calls at .45-.50 same contract amount as the 570 this way we can at any point enter 575 short twice the contract amount and end up in a butterfly. this would decrease out risk since were already about 1x loss on the 470 long. by the way big smiles on NFLX so far.
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 !!
buying 480 calls at .45-.50 same contract amount as the 570 this way we can at any point enter 575 short twice the contract amount and end up in a butterfly. this would decrease out risk since were already about 1x loss on the 470 long. by the way big smiles on NFLX so far.
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 !!