Buying Swing: buying long leg of 450 pDS at .60-.62 area w
Posted: Thu Aug 01, 2013 2:06 pm
Buying Swing: buying long leg of 450 pDS at .60-.62 area with a .45 spread in mind. This is a hedge since we have such a large bullish position on 455 calls. If we move back above 456.50 then would exit this position and ride our bullish bets.
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 !!