Buying Swing: AGGRESSIVE STRATEGY Turning 460 pOB into pB
Posted: Thu Feb 14, 2013 3:35 pm
Buying Swing: AGGRESSIVE STRATEGY
Turning 460 pOB into pB at .66-.58 we added 460 short leg enough to make it twice the amount of our 465 long leg. We now have a closed butterfly but ready to reopen body 1/2 of the body if we lose the day lows.
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 !!
Turning 460 pOB into pB at .66-.58 we added 460 short leg enough to make it twice the amount of our 465 long leg. We now have a closed butterfly but ready to reopen body 1/2 of the body if we lose the day lows.
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 !!