Buying Swing: AGGRESSIVE STRATEGY bought long leg of 475 c
Posted: Mon May 13, 2013 11:11 am
Buying Swing: AGGRESSIVE STRATEGY
bought long leg of 475 cDS at .60-.70 with a .30 spread in mind. Mental stop at .35. we still have the 470 target and used the gap cover as a bullish opportunity that allows us to keep the 470 level clear for now.
for single strategy just a 465 cDS at .89 spread area.
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 !!
bought long leg of 475 cDS at .60-.70 with a .30 spread in mind. Mental stop at .35. we still have the 470 target and used the gap cover as a bullish opportunity that allows us to keep the 470 level clear for now.
for single strategy just a 465 cDS at .89 spread area.
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 !!