Buying Swing: AGGRESSIVE STRATEGY big smiles we timed the
Posted: Tue Feb 26, 2013 3:30 pm
Buying Swing: AGGRESSIVE STRATEGY
big smiles we timed the bounce perfect. now creating 450 cB by shorting 450 calls at 6.00 area twice the contract amount of the long 445 calls and buying 455 calls at 3.20 completing the butterfly and locking in profits on the 445 play from the lows today ). were up over 4x oversized on this bounce plus the 3x we gained from the addition of the puts short plus the profits locked on yesterdays puts butterfly when we closed the body. This is an exilent week )
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 !!
big smiles we timed the bounce perfect. now creating 450 cB by shorting 450 calls at 6.00 area twice the contract amount of the long 445 calls and buying 455 calls at 3.20 completing the butterfly and locking in profits on the 445 play from the lows today ). were up over 4x oversized on this bounce plus the 3x we gained from the addition of the puts short plus the profits locked on yesterdays puts butterfly when we closed the body. This is an exilent week )
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 !!