Buying Swing: buying long leg of 525 522.50 pDS at 3.70 ar

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MMASSASSIN
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Buying Swing: buying long leg of 525 522.50 pDS at 3.70 ar

Post by MMASSASSIN »

Buying Swing: buying long leg of 525 522.50 pDS at 3.70 area with 1.00 spread in mind.. If we pull back strong enough we may be able to get a low risk credit out of her. Our stop is at 2.70 . This is the same strategy we did with the 525 puts earlier but got stopped out and it buys us time before we close the calls butterfly body.

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 !!
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