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Buying Swing: For next week will focus on since after the

Posted: Fri Feb 21, 2014 2:21 pm
by MMASSASSIN
Buying Swing: For next week will focus on since after the Es we had the news of an upcoming event about the giga battery factory next week. We were very slow after the gap up on Es so wish to have both a bullish position into the event along with a bearish powerful butterfly to protect our long term calls profits that are so deep in the money.
As far as and will wait till next week before entering positions on those, now that markets are at all time highs. We already have one pDS ob already in place for next week now at a loss.

next week strategy
200 195 190 pB .40 spread area

225 230 cDS .70 spread area
215 220 225 cB .50 spread area

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 !!