Selling Swing: AGGRESSIVE STRATEGY entering 155 puts at 1.
Posted: Tue Jan 29, 2013 1:40 pm
Selling Swing: AGGRESSIVE STRATEGY
entering 155 puts at 1.61 twice the contract amount of long legs to create pB. Since we already had 160 and 155 longs entering into the short twice contract amount turned it into butterfly, but were ready to turn it into a credit spread by moving down the 150 legs if this strength holds up
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 155 puts at 1.61 twice the contract amount of long legs to create pB. Since we already had 160 and 155 longs entering into the short twice contract amount turned it into butterfly, but were ready to turn it into a credit spread by moving down the 150 legs if this strength holds up
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 !!