Buying Swing: buying 510 calls at .17 area twice the contr
Posted: Thu Aug 29, 2013 10:31 am
Buying Swing: buying 510 calls at .17 area twice the contract amount of the 500s this way when we enter 505 butterfly we will be left with a 510 kicker just in case. trying to clear .15-.19. It seams very aggressive but with the coming event any new leak could lead to a spike up tomorrow and with the premium so cheap it docent cost much to make the gamble.
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 !!