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Buying Swing: buying 500 cDS long leg at .75-.80 short at .

Posted: Thu Sep 05, 2013 3:45 pm
by MMASSASSIN
Buying Swing: buying 500 cDS long leg at .75-.80 short at .24 area .54 spread in mind but the spread ended up worse than that. What this did was remove some of our long 505 position and leave us with larger profit all the way into 510 butterfly. so 3 winged 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 !!