Buying Swing: buying 540 this week calls at 5.25 are 20 X
Posted: Wed Jan 15, 2020 2:45 pm
Buying Swing: buying 540 this week calls at 5.25 are 20 X OVERSIZED against the existing 550 calls, and covering some 560 calls short from butterfly. This will allow us to move the short body down to 545 if start falling. Bringing down our butterfly and reducing our overall risk
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 !!