Selling Swing: entering 101 102 103 cB call butterfly short

Here is where we post regarding stock picks on our swing trading ideas, from multi-day to multi-week both stock and option calls and puts, on the Nasdaq or NYSE.
User avatar
MMASSASSIN
Trading for living
Posts: 5599
Joined: Thu Jan 29, 2009 1:30 am
Contact:

Selling Swing: entering 101 102 103 cB call butterfly short

Post by MMASSASSIN »

Selling Swing: entering 101 102 103 cB call butterfly short body at .38-.37 . Earlier we bought the 101 at .27-.29 and the 103 at .10-.11. This makes our butterfly just about free ). And our profit potential is 20X Oversized so 2 thousand % oversized profit potential ).

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 !!