Buying Swing: bought Nov 540 calls at 2.60-.66 same contra
Posted: Tue Nov 05, 2013 2:58 pm
Buying Swing: bought Nov 540 calls at 2.60-.66 same contract amount as the 530 this week butterfly legs. This way if we have strength we can see this work as a kicker without the stronger theta if we get stuck around 530. had an enormous earnings last week and if there is continuation wish to have strong positioning to profit from it .
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 !!