Buying Swing: buying long leg of 855 cDS at 2.55-2.80 area
Posted: Wed Oct 09, 2013 11:37 am
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 !!
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 !!