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Buying Swing: buying 860 calls at 2.40-3.00 same contract

Posted: Wed Oct 09, 2013 2:59 pm
by MMASSASSIN
Buying Swing: buying 860 calls at 2.40-3.00 same contract amount as the 855 calls this way if the 855 calls gain 7-8 on a continuation move, we could exit the 855 leg to lock in additional profits and remain in free credit spread territory for the thesis into the end of the week.

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 !!