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Buying Swing: creating 145 150 152.50 cO2B by buying 152.5

Posted: Mon Dec 23, 2013 10:58 am
by MMASSASSIN
Buying Swing: creating 145 150 152.50 cO2B by buying 152.50 calls at .65 area same contract amount as the 145 150 cDS from last friday. With intent of rubble shorting the 150 leg latter. This puts one wing closer to the body than the other giving us a stronger bullish biest intraday.

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 !!