Buying Swing: AGGRESSIVE STRATEGY huge smiles on our bullis
Posted: Tue Feb 05, 2013 3:14 pm
Buying Swing: AGGRESSIVE STRATEGY
huge smiles on our bullish plays now were going bearish again with 2 plays.
trade 1
turning the 455 cO2B- into a larger cB by dubbing the short leg at 5.70 area. So now we have a very large butterfly with a closed body where we profit from any sideways action.
trade 2
turning 450 pCS into 350 pO2B by buying same contract amount 455 puts at 4.50
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 !!
huge smiles on our bullish plays now were going bearish again with 2 plays.
trade 1
turning the 455 cO2B- into a larger cB by dubbing the short leg at 5.70 area. So now we have a very large butterfly with a closed body where we profit from any sideways action.
trade 2
turning 450 pCS into 350 pO2B by buying same contract amount 455 puts at 4.50
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 !!