Buying Swing: creating cOB by buying 545 calls at .06-.07
Posted: Thu Apr 10, 2014 10:28 am
Buying Swing: creating cOB by buying 545 calls at .06-.07 area same contract amount as the 540s, with intention of double shorting the 545 calls before the close. This means we are moving away from the debit side strategy and instead looking to go into a butterfly , we can do this since we are already up about 2x oversized on the play ).
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 !!