Buying Swing: AGGRESSIVE STRATEGY buying 450 calls at .95
Posted: Fri Feb 22, 2013 10:57 am
Buying Swing: AGGRESSIVE STRATEGY
buying 450 calls at .95-1.00 same contract amount as the long legs for the 435 pB here as a bullish hedge. so now we have bullish hedges on all 3 butterflies and now . this hedge cost us more though, a little more an OVERSIZED, but multi day direction is showing me the possibility of strength on that may translate into next week aswel. so yesterday we bought 470 cDS we may remove the short leg intraday today on that one.
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 450 calls at .95-1.00 same contract amount as the long legs for the 435 pB here as a bullish hedge. so now we have bullish hedges on all 3 butterflies and now . this hedge cost us more though, a little more an OVERSIZED, but multi day direction is showing me the possibility of strength on that may translate into next week aswel. so yesterday we bought 470 cDS we may remove the short leg intraday today on that one.
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 !!