Buying Swing: buying 410 390 370 pB same contract amount as the 390 370 350 pB we entered into Friday, this will essen

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MMASSASSIN
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Buying Swing: buying 410 390 370 pB same contract amount as the 390 370 350 pB we entered into Friday, this will essen

Post by MMASSASSIN »

Buying Swing: buying 410 390 370 pB same contract amount as the 390 370 350 pB we entered into Friday, this will essentially remove the 390 long wing and leave a 410 390 pDS and remove half the 370 old butterfly body leaving in its place a 370 360 pCS. Or think of it as a butterfly with a divided body.

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 !!
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