Buying Swing: creating 895 cO2B by buying 900 calls at .90
Posted: Tue Oct 01, 2013 9:58 am
Buying Swing: creating 895 cO2B by buying 900 calls at .90-1.00 area with intent of doubling the 895 short before the close. We are doing very nicely on our 890 debit spread from yesterday with 4x oversized max profit potential, but entering a butterfly from a point of strength can increase the max profits and also remove risk of loss completely in the event of reversal.
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 !!