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Buying Swing: AGGRESSIVE STRATEGY covering the 465 short c

Posted: Mon Feb 04, 2013 2:02 pm
by MMASSASSIN
Buying Swing: AGGRESSIVE STRATEGY
covering the 465 short calls leg at 1.00 area, so about 1.4X oversized profit. were planing on replacing that short leg now with the 455 calls at 2.00 on a bounce lower if we lose the day lows on are lost.the long legs we can move down one strike later.

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 !!