Buying Swing: doubling the 470 puts long leg contract amou

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MMASSASSIN
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Buying Swing: doubling the 470 puts long leg contract amou

Post by MMASSASSIN »

Buying Swing: doubling the 470 puts long leg contract amount at .05 long leg of 475 pB. that costs us nothing since it takes .54 to become oversized. This gives us the ability if falls enough to turn the butterfly into a credit.

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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