Buying Swing: creating a cO2B by buying 545 calls at .67-.
Posted: Mon Feb 10, 2014 12:04 pm
Buying Swing: creating a cO2B by buying 545 calls at .67-.71 same contract amount as the 535 540 cDS from friday. This creates a 535 540 545 cO2B = half open body, where we can now at any time double the short on 540 leg to close up the body, increase the profit potential and protect profits if we do so.
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 !!