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Buying Swing: removed the short leg of the 520 cDS at .90

Posted: Mon Aug 26, 2013 12:10 pm
by MMASSASSIN
Buying Swing: removed the short leg of the 520 cDS at .90 area with intention for reentering it before the close hopefully at a higher premium. every 35 cents is oversized so a pullback of that would bring us into a level were we would have to renter the short leg. last post was incorrect

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 !!