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Buying Swing: covering short leg of 176 177 cDS at .22 are

Posted: Wed Feb 05, 2014 10:36 am
by MMASSASSIN
Buying Swing: covering short leg of 176 177 cDS at .22 area from yesterdays entry at .55. since we made so much on the 177 short leg we can now bring down mental stop on the 176 long leg to .28 so would get out at .30 area. Big smiles on the 175 172 169 pB with profits exposing this morning, now with a slightly stronger bullish exposure we haver a partial hedge on the its profits that reached as high as 800% )

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 !!