Buying Swing: buying 530 puts at .27-.40 same contract amo
Posted: Thu Mar 27, 2014 10:13 am
Buying Swing: buying 530 puts at .27-.40 same contract amount as the 545 540 pCS put credit spread. the intention is here to only have a hedge even though we feel bullish . Big smiles on opening up the calls butterfly body during the dip thats brining in additional profits on the calls side on top of the puts side.
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 !!
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 !!