Selling Swing: AGGRESSIVE STRATEGY creating 440 cOB by buy
Posted: Tue Mar 05, 2013 11:53 am
Selling Swing: AGGRESSIVE STRATEGY
creating 440 cOB by buying 445 calls at 1.60-.70 same contract amount as the last add of 435s. now have to watch it closely since we have so many bullish stakes on , we must be ready to enter twice the contract amount of the 445 calls short to close this butterfly plus we still have the open body on the 430s.
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 !!
creating 440 cOB by buying 445 calls at 1.60-.70 same contract amount as the last add of 435s. now have to watch it closely since we have so many bullish stakes on , we must be ready to enter twice the contract amount of the 445 calls short to close this butterfly plus we still have the open body on the 430s.
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 !!