Buying Swing: bough long leg of a 565 cDS at 1.60-.70 area

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MMASSASSIN
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Buying Swing: bough long leg of a 565 cDS at 1.60-.70 area

Post by MMASSASSIN »

Buying Swing: bough long leg of a 565 cDS at 1.60-.70 areas with a .57 spread in mind. We will enter the short leg before the close. We are also considering entering an additional short the same contract amount as our long term Jan 545s for calendar effect.

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 !!
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