Buying Swing: buying long leg of new 495 pDS at 1.20-.30 w
Posted: Thu Aug 15, 2013 1:13 pm
Buying Swing: buying long leg of new 495 pDS at 1.20-.30 with .74 spread in mind. meaning that if our calls lose 74 cents we would other exit at a loss or enter the short leg. Also we have a 490 pDS from yesterday that we will exit if we enter this new debit. If had a big fall then the strategy would be to instead of debating, instead credit by shorting 500s only if they go above 5.40 hence a high profit low risk credit, if that happens we do not exit the 490 pDS from yesterday, leaving us with gar anted profits not matter what into tomorrow but with larger profits in the case of volatility.
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 !!