Buying Swing: buying back long 182.50 puts at .37-.42 same
Posted: Tue Apr 15, 2014 3:21 pm
Buying Swing: buying back long 182.50 puts at .37-.42 same contract amount as the 183 puts. That locks in profits on the short and again puts a long leg there to renter the old smaller butterfly. placing us more bearish into the close again. Art the close we wish to undo what were doing here now, or on mental stop about .15 lower.
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 !!