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Buying Swing: covered both bodes on the 2 body calls butter

Posted: Wed Apr 30, 2014 10:36 am
by MMASSASSIN
Buying Swing: covered both bodes on the 2 body calls butterfly, 212.50 at 1.10 area and the 215 at .75 area. We used the pullback this morning as a bullish opportunity to lock in some profits on the bodys that had long 210 and 217.50 while short 212.50 and 215. With the short legs removed we have an aggressive bullish stance .

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 !!