Buying Swing: buying long leg of 215 217.50 cDS at 3.20-.4
Posted: Mon Apr 07, 2014 12:07 pm
Buying Swing: buying long leg of 215 217.50 cDS at 3.20-.40 area with .70 spread in mind. Were using this pullback as a bullish opportunity since were approaching the pull back levels of 7 trading days ago, where we bounced violently of here. yes the market looks more venerable this time around but we have the bearish bets from friday bellow these levels including a 190 185 190 pB put butterfly and a 190 strait long attached to a april 185 short.
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 !!