Buying Swing: turned the 260 265 cDS into a cOB by covering
Posted: Thu Feb 27, 2014 11:26 am
Buying Swing: turned the 260 265 cDS into a cOB by covering the 265 short leg at 1.00 earlier and now buying 270 calls same contract mount at .35-.40 area. the intention is to before the close double short the 265 leg hopefully at a higher premium.
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 !!