Buying Swing: turning 181 182 cDS into a 181 182 183 cO2B
Posted: Wed Feb 12, 2014 11:37 am
Buying Swing: turning 181 182 cDS into a 181 182 183 cO2B by buying 183 calls at .27-.29 same contract amount as the debit spread we entered into friday. This gives us the ability to double the 182 short leg at any time to close the butterfly.
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 !!