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Buying Swing: AGGRESSIVE STRATEGY entering long leg of new

Posted: Mon Mar 04, 2013 2:35 pm
by MMASSASSIN
Buying Swing: AGGRESSIVE STRATEGY
entering long leg of new 153 cDS at .34 with a .16 spread in mind, with intent on entering the short leg before the close. On the puts side we created the 150.50 pCS as mentioned on the last post, by shorting the 150.50 at .40 area. We have a multi day triangle that seams to be breaking out bullishly here on SPY.

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 !!