Buying Swing: AGGRESSIVE STRATEGY buying long leg of new
Posted: Thu Feb 21, 2013 1:09 pm
Buying Swing: AGGRESSIVE STRATEGY
buying long leg of new 151 cDS at .30-.32 with a .14 spread in mind. we wish to enter the 151.50 short leg before the close. I see the first bounce setup for the market for the day so am making a bullish bet. this can either end as a debit spread or a butterfly at the close depending on weather or not we have a strong bounce here. If we seam to fail to bounce then may most likely butterfly her to make the position cheaper.
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 !!
buying long leg of new 151 cDS at .30-.32 with a .14 spread in mind. we wish to enter the 151.50 short leg before the close. I see the first bounce setup for the market for the day so am making a bullish bet. this can either end as a debit spread or a butterfly at the close depending on weather or not we have a strong bounce here. If we seam to fail to bounce then may most likely butterfly her to make the position cheaper.
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 !!