Buying Swing: replaced the 217 leg with the 215 leg by exi
Posted: Thu May 01, 2014 2:48 pm
Buying Swing: replaced the 217 leg with the 215 leg by exiting the 217 at .40 area and buying 215 at .75 area making a stable butterfly 212.50. Earlier we had a credit biest butterfly and we locked in about 9-10x oversized profits in the process . Now were removing the credit risk just for incase there was to be a big move up after tomorrows employment picture.
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 !!