Buying Swing: entering long leg of 171 cDS at .36-.40 with
Posted: Mon Sep 16, 2013 2:57 pm
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 !!
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 !!