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Buying Swing: creating 150 cO2B by buying 155 calls at .15

Posted: Fri Dec 13, 2013 10:14 am
by MMASSASSIN
Buying Swing: creating 150 cO2B by buying 155 calls at .15 same contract amount as the 145 150 cDS. this position costs us almost nothing to do but it gives us the ability to duble short the 150 calls if we moved higher and started toping out again, while keeping the play with no risk of loss due to yesterdays 150 short price

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 !!