Buying Swing: buying tomorrow expiery 550 calls at .95-1.0
Posted: Thu Dec 19, 2013 2:54 pm
Buying Swing: buying tomorrow expiery 550 calls at .95-1.05, since the 454 got away from us on this push up. Also closing the body on puts butterfly by shorting 550 puts at 5.15-5.00 area. Now on the calls side we put less money at risk only for the next hour but at the close we will reenter the 550 calls butterfly , meaning we will buy 545 calls again and exit the 550 then rubble short them.
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 !!
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 !!