Buying Swing: buying long legs of SPY 208 209 210 cB call b
Posted: Wed Oct 28, 2015 2:26 pm
Buying Swing: buying long legs of SPY 208 209 210 cB call butterfly the 208 call leg at .35 area with a .10 spread in mind. Lets be honest, plain and simple this fed decision was market positive. You can't go to and use a less of dependence on foreign data as an excuse for a market pull back. Bottom line is we now have a second chance at bullish positioning if we missed it yesterday and this morning. Can we rally back up and pass the day highs? I don't know and am not betting on it , in another environment yes absolutely, after so much good earnings but in this environment everything feels iffy
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 !!