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Buying Swing: Unlike last week, this week the premiums even

Posted: Fri Dec 12, 2014 12:30 pm
by MMASSASSIN
Buying Swing: Unlike last week, this week the premiums even on the bullish side on SPY are rather high, since volatility is expected to continue. With the slew of bullish economic news have to see the possibility of an aggressive market rebound here so am focusing on the far out unlikely strikes. I know that the math seams unusual when you have a long leg 209 but its erased by a butterfly body 209, you want to do the math and leg into this if possible since in the end you end up with higher overall profit potential. figure out if the net long or short on 209 and make the position reflect strategy.
SPY next week bullish strategy
207 208 209 cB 2X Oversized
207 208 cDS
207 209 211 cB

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 !!