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Buying Swing: creating 151.50 cOB by buying 151.50 calls

Posted: Wed Feb 27, 2013 10:29 am
by MMASSASSIN
Buying Swing: creating 151.50 cOB by buying 151.50 calls at .43-.49 same contract amount as the 150.50 calls. Big smiles on those, this gives us the ability to at any time enter the full body. The market looks to have a bullish multi day directional shift despite the sequester.

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 !!