Selling Swing: AGGRESSIVE STRATEGY at close as per plan tu
Posted: Tue May 07, 2013 4:04 pm
Selling Swing: AGGRESSIVE STRATEGY
at close as per plan turned 470 cO2B into cCS by selling the 465 calls at 2.89-.80 this puts us in a IC = Iron condor with calls 470 puts 450. We are betting on staying within those 2 strikes with one play hedging the other.
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 !!
at close as per plan turned 470 cO2B into cCS by selling the 465 calls at 2.89-.80 this puts us in a IC = Iron condor with calls 470 puts 450. We are betting on staying within those 2 strikes with one play hedging the other.
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 !!