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Buying Swing: creating 168.50 -pO2B- by covering 1/2 of th

Posted: Wed Aug 07, 2013 1:30 pm
by MMASSASSIN
Buying Swing: creating 168.50 -pO2B- by covering 1/2 of the 168.50 short at .35 area with intention of reentering the body hopefully on a pullback after this intraday bounce. So we removed 1/2 the body of our 169.50 168.50 168 butterfly. trying to go bearish on this bounce but if she dose not give it to us , then would loo to refocus the short on the 139 leg again.

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 !!