Page 1 of 1

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

Posted: Wed Dec 18, 2013 2:03 pm
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 !!