Selling Swing: AGGRESSIVE STRATEGY creating 430 cCS at .80

[MMASSASSIN]

Selling Swing: AGGRESSIVE STRATEGY
creating 430 cCS at .80 spread about 1/2 oversized. the reason the spread is bad is because we tried to bounce by first attempting a debit spread legging in on long leg, but lost day lows so after entering the long 435 first at 3.80 area we shorted 430s at 4.60-.50 . have trigger ready to buy the 425 calls 1/2 the contract amount if we see strength again putting us in a butterfly with a kicker since we will not remove 1/2 of the 430s if we chose to butterfly.

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 !!