Buying Swing: AGGRESSIVE STRATEGY removed short leg of 445
Posted: Tue Apr 02, 2013 12:29 pm
Buying Swing: AGGRESSIVE STRATEGY
removed short leg of 445 cDS at 1.10-.15 earlier, thats the 450 leg. that was earlier, now its down to .95 so am down on that play but see the bounce may continue into the close. We are up from yesterdays enterys into the cDS at .55-.60 ). considering buying same contract amount 555 so that when we renter the 450 calls short we can double the short amount and create a butterfly to hold overnight.
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 !!
removed short leg of 445 cDS at 1.10-.15 earlier, thats the 450 leg. that was earlier, now its down to .95 so am down on that play but see the bounce may continue into the close. We are up from yesterdays enterys into the cDS at .55-.60 ). considering buying same contract amount 555 so that when we renter the 450 calls short we can double the short amount and create a butterfly to hold overnight.
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 !!