Buying Swing: buying 180 calls at .35-.39 to create 175 cOB
Posted: Wed Sep 04, 2013 3:40 pm
Buying Swing: buying 180 calls at .35-.39 to create 175 cOB so same contract amount as the 170 long leg. so instead of creating a debit at the close we will be shorting 175 leg twice the contract amount to end up in a perfect 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 !!
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 !!