Selling Swing: AGGRESSIVE STRATEGY doubling the 435 calls
Posted: Tue Mar 05, 2013 11:25 am
Selling Swing: AGGRESSIVE STRATEGY
doubling the 435 calls long leg at 4.35, this gives us the ability to start moving into a higher 440 butterfly. if we had weakness then would enter double the short leg 440 and enter long 445 calls to create perfect 440 butterfly. also we would ofcorse double 430 short to place us in 2 closed butterflies. But right now am very bullish from here.
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 !!
doubling the 435 calls long leg at 4.35, this gives us the ability to start moving into a higher 440 butterfly. if we had weakness then would enter double the short leg 440 and enter long 445 calls to create perfect 440 butterfly. also we would ofcorse double 430 short to place us in 2 closed butterflies. But right now am very bullish from here.
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 !!