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Buying Swing: covering 1/2 of the 1200 1210 1220 butterfly

Posted: Thu Mar 20, 2014 11:18 am
by MMASSASSIN
Buying Swing: covering 1/2 of the 1200 1210 1220 butterfly body at 1.31-.50 to create a cO2B. early strength saw these calls spike to 5.00 , now back to day lows wish to open the body with intent of reentering the short before the close of at .90 loss.

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 !!