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Buying Swing: buying next week SPY 210 calls at 1.05 area s

Posted: Tue Jul 07, 2015 3:28 pm
by MMASSASSIN
Buying Swing: buying next week SPY 210 calls at 1.05 area same contract amount as the 207.50 calls with the intention of shorting this weeks calls against it as a butterfly body. Most likely 208.50 or 209 calls we will short at the close.

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 !!