Selling Swing: AGGRESSIVE STRATEGY turning 460 pB into pCS
Posted: Wed Mar 27, 2013 10:10 am
Selling Swing: AGGRESSIVE STRATEGY
turning 460 pB into pCS - by selling 465 at 11.00- 10.30 and buying 450s at 1.10 area. has moved back to the 50 DMA and am trying to bounce it here by making a play that can profit all the way to 460 but creates additional risk if we fell to 450. so if we lose the day lows am ready to also add same contract amount of the 455 leg keeping this 450 as an additional kicker. as I send this out were close to that point of having to add the 455 if we get a candle with body bellow the old lows.
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 !!
turning 460 pB into pCS - by selling 465 at 11.00- 10.30 and buying 450s at 1.10 area. has moved back to the 50 DMA and am trying to bounce it here by making a play that can profit all the way to 460 but creates additional risk if we fell to 450. so if we lose the day lows am ready to also add same contract amount of the 455 leg keeping this 450 as an additional kicker. as I send this out were close to that point of having to add the 455 if we get a candle with body bellow the old lows.
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 !!