Buying Swing: AGGRESSIVE STRATEGY buying 450 at 1.10-.20 c
Posted: Tue May 21, 2013 10:51 am
Buying Swing: AGGRESSIVE STRATEGY
buying 450 at 1.10-.20 calls same contract amount as the 455. I still see the pullback before congressional testimony as a bullish opportunity. But this means that at the close we either replace the 460 body with 455 as short body if we do not see enough strength, and if we do see a lot of strength at the close we renter the 460 body same contract amount as the now 3 long legs combined.
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 !!
buying 450 at 1.10-.20 calls same contract amount as the 455. I still see the pullback before congressional testimony as a bullish opportunity. But this means that at the close we either replace the 460 body with 455 as short body if we do not see enough strength, and if we do see a lot of strength at the close we renter the 460 body same contract amount as the now 3 long legs combined.
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 !!