Buying Swing: AGGRESSIVE STRATEGY at open we did 3 trades T
Posted: Mon Feb 04, 2013 9:54 am
Buying Swing: AGGRESSIVE STRATEGY
at open we did 3 trades
Trade 1-
turning the 425 pDS into a 435 pCS- by shorting the 335 at 1.05 and removing exiting the 420 short.
Trade 2-
We also created same contract amount 465 cCS to put us in an IC= iron condor.
Trade 3
We also went strait long 440 puts oversized at 3.00 area. This buy we did right at open.
so now we have an iron condor with a long puts position. If we have more weakness were considering buying the 440 puts half the contract amount of the 435 credit spread.
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 !!
at open we did 3 trades
Trade 1-
turning the 425 pDS into a 435 pCS- by shorting the 335 at 1.05 and removing exiting the 420 short.
Trade 2-
We also created same contract amount 465 cCS to put us in an IC= iron condor.
Trade 3
We also went strait long 440 puts oversized at 3.00 area. This buy we did right at open.
so now we have an iron condor with a long puts position. If we have more weakness were considering buying the 440 puts half the contract amount of the 435 credit spread.
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 !!