Buying Long Term: to protect long term stock profits now t
Posted: Wed Mar 05, 2014 3:44 pm
Buying Long Term: to protect long term stock profits now that we have covered the full gap after the earnings there is risk. So if you wish to protect you can buy a April 50 45 pDS at .75 area plus a 50 45 40 pB at .38 .The butterfly can years 1800% profit and the debit 566% profit creating a great deal of protection but bear in mind this is 2 months out and very light trading on these options.
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 !!