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Buying Swing: buying long leg of 160 cDS at 1.50-.95 1.70

Posted: Tue Oct 29, 2013 10:49 am
by MMASSASSIN
Buying Swing: buying long leg of 160 cDS at 1.50-.95 1.70 average 2X OVERSIZED with a .95 spread in mind. twice the usual entry the intention is to bounce it here and if we get to opportunity to short the 155 calls at 5.75 then would most likely turn this into a low risk credit spread.

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 !!