Buying Swing: buying 575 calls at 1.81-.95 same contract a
Posted: Tue Dec 03, 2013 3:19 pm
Buying Swing: buying 575 calls at 1.81-.95 same contract amount as the 565 cDS creating a 570 cO2B. Now those of you without ing term protection you do not need to close the butterfly body since you should have something like a butterfly because of the earlier 570 short and over 14x oversized gain in the path up there. Thouse that only have the debit and now open body should double the short body at the close to end up with a cB.
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 !!