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Buying Swing: buying 850 calls at .50 area oversized strai

Posted: Fri Aug 30, 2013 12:01 pm
by MMASSASSIN
Buying Swing: buying 850 calls at .50 area oversized strait long, and will watch the 845 calls closely, if we bounce and see the 845 calls go to 5.00 then would short them and end up in a cCS with small risk of loss and hedge to out 850 butterfly.

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 !!