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Buying Swing: creating 567.50 cO2B by buying 570 calls at

Posted: Mon Dec 16, 2013 11:05 am
by MMASSASSIN
Buying Swing: creating 567.50 cO2B by buying 570 calls at 3.00 same contract amount as the 565 567.50 cDS. by the time I send this out the 570s have dropped back to 2.40 so we did not get good fills. there is support at 560.30 area and if we get there then we will consider exiting the full 567.50 short leg with intention of positioning into a full butterfly by the close ofcorse.

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 !!