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Buying Swing: buying 535 540 cDS at .45-.50 area. We enter

Posted: Thu Feb 20, 2014 2:54 pm
by MMASSASSIN
Buying Swing: buying 535 540 cDS at .45-.50 area. We entered the 535 530 525 pB on friday and now it looks like this may give max profit tomorrow and we have a bearish hedge with a 525 pDS also from friday, now wish to enter a bullish hedge here with 9x profit potential if we move away from the original puts 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 !!