Buying Swing: covering 1/2 of short 230 calls at 1.10 turn
Posted: Thu Apr 03, 2014 1:20 pm
Buying Swing: covering 1/2 of short 230 calls at 1.10 turning 225 230 235 cB into cO2B half open body butterfly. When we entered this play on friday we did so with a .30 spread so mental stop is then .30 bellow this entry.
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 !!