Selling Swing: AGGRESSIVE STRATEGY we did 5 trades today I'
Posted: Wed Mar 13, 2013 12:08 pm
Selling Swing: AGGRESSIVE STRATEGY
we did 5 trades today I'm writing them al out quickly for general color.
trade 1
at open turned 435 cB into cCS . wanted to profit from premium decay today
trade 2
rolled down 1/2 of the 435 calls down to 430
trade 3
turned 430pB into pCS this created an IB. we made a lot on this play intraday so far
trade 4
locked in profits on 435 calls short then made it the long leg huge profits since we had that huge butterfly brining us up to over 10xon the old butterfly
trade 5
removed the 440 calls leg to leave us simply in a IB iron butterfly 430
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 !!
we did 5 trades today I'm writing them al out quickly for general color.
trade 1
at open turned 435 cB into cCS . wanted to profit from premium decay today
trade 2
rolled down 1/2 of the 435 calls down to 430
trade 3
turned 430pB into pCS this created an IB. we made a lot on this play intraday so far
trade 4
locked in profits on 435 calls short then made it the long leg huge profits since we had that huge butterfly brining us up to over 10xon the old butterfly
trade 5
removed the 440 calls leg to leave us simply in a IB iron butterfly 430
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 !!