Buying Swing: turning 535 540 545 cB into cOB by covering
Posted: Fri Mar 28, 2014 10:16 am
Buying Swing: turning 535 540 545 cB into cOB by covering short body at .60-.65. We are taking an intraday bullish stance on by removing the full body of the 540 body with intent to renter the body at higher premium. Our target is 2.00 where we would renter the full thing if its reached. The market is very strong yet has been laying so using that as a bullish opportunity.
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 !!