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Buying Swing: creating 186 187 188 cOB call open boy butte

Posted: Tue Apr 08, 2014 1:39 pm
by MMASSASSIN
Buying Swing: creating 186 187 188 cOB call open boy butterfly, by buying 188 calls at .08-.09 same contract amount as the 186 calls. At the close we wish to double short the 187 calls to close up the body of a new butterfly.

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 !!