Buying Swing: entering long leg of 171 cDS at .36-.40 with

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MMASSASSIN
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Buying Swing: entering long leg of 171 cDS at .36-.40 with

Post by MMASSASSIN »

Buying Swing: entering long leg of 171 cDS at .36-.40 with a .11 spread in mind. The intention is to see if we get a bounce but if the bounce is strong enough to allow a free or low risk credit by shorting 471 or 470.50 at a high premium, then would do go that route. Also earlier during the options problems we entered the body of the 470 cB at .90-.85.

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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