Buying Swing: buying long leg of 167.50 cDS at .29-.32 wit
Posted: Mon Aug 19, 2013 1:11 pm
Buying Swing: buying long leg of 167.50 cDS at .29-.32 with .12 spread in mind, this means that if we lose 12 cents from here thats our mental stop. The markets have fallen so much in the last few days and after 3 days of fall on day 4 often a good time to attempt a bounce. Our thinking is that we may get a move up if for some chance the feeling is that things are not improving fast enough to slow down quantitative easing. We are diffidently trying to catch a falling knife so this falls into the high risk high reward territory.
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 !!