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Buying Swing: buying 510 puts at .10 doubling the wing of

Posted: Thu Nov 21, 2013 2:25 pm
by MMASSASSIN
Buying Swing: buying 510 puts at .10 doubling the wing of the 515 pB that we entered into last friday and that now looks very likely of becoming a max profit play tomorrow. Also at the close we wish to enter a new 525 cB for incase we see strength on the final day od expiery, I would like to enter that calls butterfly around .50. we are seeing strength here.

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 !!