Selling Swing: AGGRESSIVE STRATEGY entered short leg of 47
Posted: Mon Mar 25, 2013 1:29 pm
Selling Swing: AGGRESSIVE STRATEGY
entered short leg of 470 pCS at 8.70-.55 so now we have both an open body butterfly on calls plus this new in the money very large but low risk puts credit spread. This credit is same contract amount as the calls position giving us future flexibility
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 !!
entered short leg of 470 pCS at 8.70-.55 so now we have both an open body butterfly on calls plus this new in the money very large but low risk puts credit spread. This credit is same contract amount as the calls position giving us future flexibility
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 !!