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Buying Swing: AGGRESSIVE STRATEGY we bought long leg of 15

Posted: Thu Apr 04, 2013 10:55 am
by MMASSASSIN
Buying Swing: AGGRESSIVE STRATEGY
we bought long leg of 156 cDS at .36-.38 with a .15 spread in mind about 15 minutes ago, and we already have a full OVERSIZED profit on the play ) big smiles. The intent ail be to enter the short leg before the close or butterfly the position if it works agains us. if we were to get the opportunity to make this into a fee no risk 155.50 cCS then that is a strategic play were also considering.

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 !!