Buying Swing: buying next week long leg of 455 cDS at 2.85
Posted: Fri Jun 07, 2013 1:24 pm
Buying Swing: buying next week long leg of 455 cDS at 2.85-3.00 with a .80 spread in mind.
and also buying next week long leg of 465 cDS at 1.20 area with a .40 spread in mind. that means we still do not have the short legs on either debit spread, we will enter them at the close or on weakness. We spoke of this strategy for next week in the CC and some did pull the trigger before this pop up, but I was distracted by the run so missed the good entries and chased it here. It would of been a free play for next week already (.
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 !!
and also buying next week long leg of 465 cDS at 1.20 area with a .40 spread in mind. that means we still do not have the short legs on either debit spread, we will enter them at the close or on weakness. We spoke of this strategy for next week in the CC and some did pull the trigger before this pop up, but I was distracted by the run so missed the good entries and chased it here. It would of been a free play for next week already (.
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 !!