Buying Swing: buying long leg of a 164.50 cDS at 1.00-.03 a

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MMASSASSIN
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Buying Swing: buying long leg of a 164.50 cDS at 1.00-.03 a

Post by MMASSASSIN »

Buying Swing: buying long leg of a 164.50 cDS at 1.00-.03 area with a .26 spread in mind, this means that if we drop .26 cents then would take a loss. Now if we could enter 164 calls at 1.53 then we may short then to create a free credit spread, but would like to get even move before doing so. we will most likely stock to a regular debit with 165 as short leg.

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 !!
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