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Buying Swing: NEXT WEEK STRATEGY buying long leg of 505 cD

Posted: Fri Aug 30, 2013 1:31 pm
by MMASSASSIN
Buying Swing: NEXT WEEK STRATEGY buying long leg of 505 cDS at 1.26 area, this works as a bullish hedge intraday so if we move higher then would look to enter the short before the close, but if we fall again then will be ready to enter the short leg of the debit right away.

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 !!