Buying Swing: we covered short leg of 440 cDS at .55-.63 thats the debit spead we entered into last week. So now we have no short leg on other todays 430 cDS or the 440cDS. If we pass day highs then considering buying 450 calls same contract amount as the 440s to create an cOB.
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 Swing: we covered short leg of 440 cDS at .55-.63 t
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