Selling Swing: AGGRESSIVE STRATEGY shorting mar 435 calls
Posted: Mon Mar 11, 2013 11:09 am
Selling Swing: AGGRESSIVE STRATEGY
shorting mar 435 calls to create cCS at 2.44-.55 . same contract amount as the 415 calls long leg from earlier today. also watching 430 in the money calls and if we were to see enough strength reemerge on then would look to buy 1/2 the contract amount of these in the money calls so that we would have a 435 butterfly with a 440 kicker. by the time I send this this short leg is up to 2.80 already so getting cut up a bit with this entry.
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 !!
shorting mar 435 calls to create cCS at 2.44-.55 . same contract amount as the 415 calls long leg from earlier today. also watching 430 in the money calls and if we were to see enough strength reemerge on then would look to buy 1/2 the contract amount of these in the money calls so that we would have a 435 butterfly with a 440 kicker. by the time I send this this short leg is up to 2.80 already so getting cut up a bit with this entry.
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 !!