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Buying Swing: turning 240 245 250 cB into cO2B by covering

Posted: Tue Mar 18, 2014 10:50 am
by MMASSASSIN
Buying Swing: turning 240 245 250 cB into cO2B by covering 1/2 of the body at 1.70-.81. So we used the gap cover as a bullish opportunity on with intent of reentering the short at a higher premium , GS upgrade aside .

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 !!