Buying Swing: AGGRESSIVE STRATEGY buying 445 puts at 4.65-

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MMASSASSIN
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Buying Swing: AGGRESSIVE STRATEGY buying 445 puts at 4.65-

Post by MMASSASSIN »

Buying Swing: AGGRESSIVE STRATEGY
buying 445 puts at 4.65-5.00 same contract amount as the 440 calls . this gives the effect of an O2B but with 2 legs the 440s and 445s now both amounting to same contact amount as the 435 short leg. I believe we may pul back here after this bounce, but if we do not , then would exit this long leg if we fall to 4.00 area. and would look to turn the puts butterfly into a pCS.

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 !!
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