Buying Swing: AGGRESSIVE STRATEGY turning 445 cB into cO2B
Posted: Wed Feb 27, 2013 10:58 am
Buying Swing: AGGRESSIVE STRATEGY
turning 445 cB into cO2B by covering 1/2 of the body at 4.10-.20 locking in some profits from our 6.00 entry yesterday but ready to renter this very profitable butterfly body if dose not follow the market up. now on SPY am ready to enter the 151 butterfly body in its entirety if the market dose not continue its bullish direction shift. Its hard to understand a bullish multi day direction shift in the markets coming here but according to my formulas multi day positives have cleared hence the bullish bets on aapl and spy. But with that said am being very cautious again since no resolution on sequester is likely to be seen by friday.
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 !!
turning 445 cB into cO2B by covering 1/2 of the body at 4.10-.20 locking in some profits from our 6.00 entry yesterday but ready to renter this very profitable butterfly body if dose not follow the market up. now on SPY am ready to enter the 151 butterfly body in its entirety if the market dose not continue its bullish direction shift. Its hard to understand a bullish multi day direction shift in the markets coming here but according to my formulas multi day positives have cleared hence the bullish bets on aapl and spy. But with that said am being very cautious again since no resolution on sequester is likely to be seen by friday.
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 !!