Buying Swing: AGGRESSIVE STRATEGY turning 460 cDS into cO
Posted: Thu May 02, 2013 10:04 am
Buying Swing: AGGRESSIVE STRATEGY
turning 460 cDS into cO2B by buying 460 leg here at .26-.30 this is same contract amount as the 430 butterfly, the intention here is so that we can remove the 435 if we were to feel bearish again without having to take a loss on the 555 long leg short.
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 !!
turning 460 cDS into cO2B by buying 460 leg here at .26-.30 this is same contract amount as the 430 butterfly, the intention here is so that we can remove the 435 if we were to feel bearish again without having to take a loss on the 555 long leg short.
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 !!