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Buying Swing: buying next week calls 570 at 4.10-.15 same

Posted: Tue Dec 31, 2013 11:22 am
by MMASSASSIN
Buying Swing: buying next week calls 570 at 4.10-.15 same contract amount as this week long legs of butterfly. on We have caped bullish profits on our this week call butterfly but sideways to bearish move can yield stronger returns, so a long next week 470 has material profits if we see continuation, with less decay than this weeks double short 557.50 ).

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 !!