Selling Swing: AGGRESSIVE STRATEGY creating 157 cB by shor
Posted: Mon Mar 11, 2013 3:24 pm
Selling Swing: AGGRESSIVE STRATEGY
creating 157 cB by shorting 157 at .19 area and bought 157.50 at .08-.10, we already have the 156.50 leg. has had difficulty with this level and ES is hitting big resistance so wish to remove our bullish hedge. But if we pass day highs then would consider exiting the whole 157 body again since S&P still has not hit 2007 highs.
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 157 cB by shorting 157 at .19 area and bought 157.50 at .08-.10, we already have the 156.50 leg. has had difficulty with this level and ES is hitting big resistance so wish to remove our bullish hedge. But if we pass day highs then would consider exiting the whole 157 body again since S&P still has not hit 2007 highs.
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 !!