Buying Swing: SPY next week bullish strategy we already hav
Posted: Fri Jul 10, 2015 3:52 pm
Buying Swing: SPY next week bullish strategy
we already have 207.50 and 210 calls for next week
now were buying 213 calls same contract mount as both strikes put together and making a big short at 211 calls. Creating a huge butterfly were we are already in the money on the closest in strike but have profit potential continuing into 211
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 !!
we already have 207.50 and 210 calls for next week
now were buying 213 calls same contract mount as both strikes put together and making a big short at 211 calls. Creating a huge butterfly were we are already in the money on the closest in strike but have profit potential continuing into 211
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 !!