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Buying Swing: AGGRESSIVE STRATEGY buying april 415 calls a

Posted: Wed Apr 17, 2013 10:23 am
by MMASSASSIN
Buying Swing: AGGRESSIVE STRATEGY
buying april 415 calls at 2.50 area same contract amount as the 430 cDS from yesterday and covering the 435 short leg at .29 area from 1.25. OK now we have 2 long positions 415 and 430, the strategy ail be to enter twice the contract amount short 420 calls hopefully after a bounce creating a butterfly

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 !!