Buying Swing: AGGRESSIVE STRATEGY bought 445 may calls at
Posted: Thu May 16, 2013 12:35 pm
Buying Swing: AGGRESSIVE STRATEGY
bought 445 may calls at .65-.80 same contract amount as the 435 calls turning it into a 440 cOB . As I send this out its down to .50 . The intention is to enter 440 short before the close, we do not yet know if the position will be 1/2 the body or the whole body. All depends on weather or not we get strength int the close.
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 445 may calls at .65-.80 same contract amount as the 435 calls turning it into a 440 cOB . As I send this out its down to .50 . The intention is to enter 440 short before the close, we do not yet know if the position will be 1/2 the body or the whole body. All depends on weather or not we get strength int the close.
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 !!