Buying Swing: buying 165.50 calls at .58-.61 at open same
Posted: Wed Aug 21, 2013 9:48 am
Buying Swing: buying 165.50 calls at .58-.61 at open same contract amount as the 166.50 cDS, also removed the 167 short leg at .14 area . this creates a 166 cOB , we yesterday were able to make the call debit free of any risk of loss and today we get a secant bullish opportunity with intent this time of butterflying at 166 area.
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 !!