Buying Swing: turning 169 -pB into -pOB by covering the fu
Posted: Wed Oct 16, 2013 1:13 pm
Buying Swing: turning 169 -pB into -pOB by covering the full 169 short profit at .25 area. Since we have now exposure bullishly with 171 calls that are in the money now we have the long 170 puts exposed and ready for volatility with strangle type effect. We do not know if we end up with a sell the news type action and this way we can profit from any volatility.
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 !!