Buying Swing: AGGRESSIVE and SIMPLE STRATEGY into the clos
Posted: Fri May 03, 2013 3:53 pm
Buying Swing: AGGRESSIVE and SIMPLE STRATEGY
into the close on we stay bullish and enter 2 separate cDS
a next week 465 cDS at .48 spread and a 475 cDS at .15 spread both oversized there respective spreads so we will be committing 2x oversized risk into next week. This works with our target of 470, leaving that leg empty allows for further accumulation of 465s if needed next week and easy to move the 480 short down to 470 for butterfly action maybe by the 3rd to 4th trade of this strategy down the road.
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 !!
into the close on we stay bullish and enter 2 separate cDS
a next week 465 cDS at .48 spread and a 475 cDS at .15 spread both oversized there respective spreads so we will be committing 2x oversized risk into next week. This works with our target of 470, leaving that leg empty allows for further accumulation of 465s if needed next week and easy to move the 480 short down to 470 for butterfly action maybe by the 3rd to 4th trade of this strategy down the road.
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 !!