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Selling Swing: turning 99 cOB back into cB by reentering s

Posted: Thu Jun 06, 2013 12:26 pm
by MMASSASSIN
Selling Swing: turning 99 cOB back into cB by reentering short leg at 1.30 area since earlier today we opened it at 1.55 area. and buying long leg of new 96 pDS thats the 96 leg at 1.85 area with .45 spread in mind.
Market is collapsing plus a significant intraday negative cleared on my formulas on so we removed the calls risk and entered a closer in bearish puts bet here.

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 !!