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Buying Swing: buying here 181 puts at .52-.55 area same co

Posted: Mon Apr 14, 2014 11:34 am
by MMASSASSIN
Buying Swing: buying here 181 puts at .52-.55 area same contract amount as the 182 put creating pOB open body butterfly. IF we move higher then would enter the double short right away. If this becomes another false move up then would wait for higher premiums to enter the double short 181.50 body.

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 !!