Buying Swing: AGGRESSIVE STRATEGY bought 14 calls twice t

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MMASSASSIN
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Buying Swing: AGGRESSIVE STRATEGY bought 14 calls twice t

Post by MMASSASSIN »

Buying Swing: AGGRESSIVE STRATEGY
bought 14 calls twice the contract amount of the puts butterfly long legs at .05, this is insurance since we have so far a perfect pin for our 13.50 pB but if we bounce we can here buy twice the contract amount of the long legs on this 14 calls position and it still costs us less than 1x oversized risk

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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