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Selling Swing: shorting 1205.50 body at 1.15-.90 plus the

Posted: Thu Mar 13, 2014 3:58 pm
by MMASSASSIN
Selling Swing: shorting 1205.50 body at 1.15-.90 plus the half body on 242.50 at 1.30-.20. So we end with butterfly with 2 bodies 242.50 and 245, and with we now have the butterfly body lower down at 242.50 line vs 245 . And now with the market fall it seams that put butterfly from friday 185 183 181 could work as a great hedge on bearish continuation.

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 !!