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Buying Swing: turning 410 cB into cOB by covering the body

Posted: Thu Oct 17, 2013 12:28 pm
by MMASSASSIN
Buying Swing: turning 410 cB into cOB by covering the body at .42-.45. We have resistance around 505 but if this market continues then this resistance may be passed with strength. Will be fast to renter the body if we see any weakness since premium decay ail be sharp this thursday.

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 !!