Buying Swing: turned 605 610 615 cO2B into cOB by covering
Posted: Tue May 06, 2014 10:37 am
Buying Swing: turned 605 610 615 cO2B into cOB by covering the remaining short at 1.00-1.10. This places us even stronger bullishly but see the pullback as a bullish opportunity. Now if we fail to create only wicks bellow 600 then would look to enter the 607.50 as the full body to compensate for loss with a credit heavy butterfly, but only intraday.
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 !!