Buying Swing: bought long leg of 545 547.50 cDS at 3.00-.6

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MMASSASSIN
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Buying Swing: bought long leg of 545 547.50 cDS at 3.00-.6

Post by MMASSASSIN »

Buying Swing: bought long leg of 545 547.50 cDS at 3.00-.60 with a .90 spread in mind. Mental stop .90 bellow entry since we positioned with oversized as a .90 position. Will enter the short leg at close. We are up so much on the 545 puts leg, it helps hedge the profits from bounces.

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 !!
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