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Buying Swing: buying long leg of 860 at 2.80-3.00 cDS with

Posted: Tue Aug 27, 2013 1:49 pm
by MMASSASSIN
Buying Swing: buying long leg of 860 at 2.80-3.00 cDS with 1.40 spread in mind , same strategy as the one we tried earlier today with 865 but we were stopped out . just like last time we would like to ideally have the possibility to see a bounce and then enter 855 calls instead short for a free or low risk cCS.

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 !!