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Buying Swing: buying 250 calls at 2.70-.82 to create an op

Posted: Tue Mar 11, 2014 10:33 am
by MMASSASSIN
Buying Swing: buying 250 calls at 2.70-.82 to create an open body butterfly at 2.70-.82 . Since we are getting these at a high price we must be fast on entering the 245 calls double short if 245 level is hit, and if we do get retracement we won’t have a lot of leeway for hesitation on pulling that trigger. ) big smiles on the calls strategy were up so far 4x oversized.

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 !!