Buying Swing: at open we bought long leg of SPY 193 193.50
Posted: Wed Aug 06, 2014 9:55 am
Buying Swing: at open we bought long leg of SPY 193 193.50 cDS at .37 area with .10 spread in mind. The intention will be to later turn this into a possible 193 194 195 cB call butterfly by moving the short leg of 195 196 cDS down to 194 level as well if there is a strong enough bounce.
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 !!