Buying Swing: covering short leg on 545 547.50 cDS at .65
Posted: Tue Apr 01, 2014 9:58 am
Buying Swing: covering short leg on 545 547.50 cDS at .65 to again position more bullishly. We entered yesterday at the close at .80 this short leg and intend on reentering to hedge overnight at the close. Again this means that we must have a mental stop now .45 +.15 since we collected .15, bellow long leg entry so 1x loss stands on 545 leg at .70 now.
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 !!