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Selling Swing: sorry for posting late but when calls turne

Posted: Wed Apr 03, 2013 12:55 pm
by MMASSASSIN
Selling Swing: sorry for posting late but when calls turned against us we butterflyed the position to reduce risk by entering 157 calls short twice the contract amount and adding 157.50 leg leaving us with a 157 cB

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 !!