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Buying Swing: AGGRESSIVE STRATEGY turning 440 pCS back int

Posted: Thu Feb 28, 2013 3:39 pm
by MMASSASSIN
Buying Swing: AGGRESSIVE STRATEGY
turning 440 pCS back into pB by buying back 445 puts at 2.40-.60 making an additional 1x oversized in the transaction from exiting at 3.90. but am considering removing the leg once more if starts setting up for a bounce just to get back even cheaper. as far as we will not debit the 152.50 since we ail make great dinero if we were to have a retrasement due to that great entry of the 151 calls short, and the 152.50 long leg is a great kicker that cost us only 1x risk.

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 !!