Buying Swing: buying 161 pDS at .30 spread area. we alread
Posted: Wed Jul 03, 2013 12:53 pm
Buying Swing: buying 161 pDS at .30 spread area. we already have the bullish bets on so adding here a bearish bet into fridays employment numbers to have a bit of a cheap strangle . we entered 162.50 cDS yesterday so anywhere above that or bellow 161 we can profit. Earlier I accidentally started entering a 160 puts play but it was july, no wonder premium was so high, now entering much closer in play to create the strangle type effect and bet on volatility into tomorrow.
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 !!
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 !!