Buying Swing: bought 180 calls at .46 plus bough t181 call
Posted: Mon Jan 27, 2014 12:28 pm
Buying Swing: bought 180 calls at .46 plus bough t181 calls at .25-.30 same contract amount as the 183 calls from friday. The 180 calls is just a strait long oversized position, the 181 position is creating an open body butterfly where we will at the close double short the 182 calls.
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 !!