Buying Swing: buying long leg of 545 550 cDS call debit sp

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MMASSASSIN
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Buying Swing: buying long leg of 545 550 cDS call debit sp

Post by MMASSASSIN »

Buying Swing: buying long leg of 545 550 cDS call debit spread at 1.20 area with .60 spread in mind. Friday we entered a 535 540 cDS call debit spread that is up nicely plus a 535 540 545 cB call butterfly that has potential of max profit this week, but with todays rumor with comcast and a new product category, we see huge strength on in a weak market. So wish to leg into additional bullish positions for if the market dose have a bounce into the close , looks like she wants to run. by the way big smiles on todays cal strategy, were up over 5x oversized there not to mention the puts strategy from friday.

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 !!
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