Buying Swing: AGGRESSIVE STRATEGY removing short leg of we

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MMASSASSIN
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Buying Swing: AGGRESSIVE STRATEGY removing short leg of we

Post by MMASSASSIN »

Buying Swing: AGGRESSIVE STRATEGY
removing short leg of weekly 450 cDS at .42-.48 from 1.20 entry, thats the 455 leg. This makes the 450 leg a kicker again same contract amount of the long legs on the 440 cB, giving us the opportunity now to remove one of the butterfly long legs as we did yesterday with the 435. We are at a critical support level here and am ready to exit the 435 again if we can't hold support. If we do hold support and bounce, then we just locked in a lot of profits on a short leg and the kicker will profit strongly from here.

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 !!
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