Buying Swing: removing next week monthly short leg of 575
Posted: Wed Dec 11, 2013 10:09 am
Buying Swing: removing next week monthly short leg of 575 cDS at 3.15-3.35 area thats the 580 short leg.
Then we bought long leg of 580 cDS at 3.00 with 1.00 spread in mind We had strength this morning tun a nice gap cover, using it at a buying op.
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 !!
Then we bought long leg of 580 cDS at 3.00 with 1.00 spread in mind We had strength this morning tun a nice gap cover, using it at a buying op.
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 !!