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Buying Swing: at open looking to buy the long leg of a 125

Posted: Tue Dec 03, 2013 9:24 am
by MMASSASSIN
Buying Swing: at open looking to buy the long leg of a 125 pDS, right at open. This is a bearish bet with whatever spread in mind we find the spread at open. It is meant to allow us to remove the short leg on our Mar 155 cDS year long term play. We will give it a little time before we remove the short leg on the long term strategy but we pull the trigger on the puts bearish protection first right at open.

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 !!