Buying Swing: buying long leg of 855 cDS at 2.55-2.80 area

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MMASSASSIN
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Buying Swing: buying long leg of 855 cDS at 2.55-2.80 area

Post by MMASSASSIN »

Buying Swing: buying long leg of 855 cDS at 2.55-2.80 area with 1.10 spread in mind. The strategy here is to have hedges on our bearish strategy. We have some new puts positions today for incase we get a flush and we have this bullish long leg that has a mental stop 1.10 bellow entry creating a strangle type action.

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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