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Buying Swing: AGGRESSIVE STRATEGY buying long leg of new 4

Posted: Tue Feb 26, 2013 12:02 pm
by MMASSASSIN
Buying Swing: AGGRESSIVE STRATEGY
buying long leg of new 445 cDS at 3.65 area oversized with a 1.35 spread in mind.
also we were stopped out of out 440 puts short but we reentered the short at 6.50 area that cost us another 70 cents or so.in other words we still have a pB- .

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 !!