Buying Swing: buying 12 14 16 cB at .10-.12 area same contract amount as the previous 12 body. This essentially remove
Posted: Tue Mar 09, 2021 7:28 am
Buying Swing: buying 12 14 16 cB at .10-.12 area same contract amount as the previous 12 body.
This essentially removes the 12 short body completely and creates one twice as large at 14 bucks.
This leaves us with long legs for the week 9 and 10 and 15 and 16. And a big short body at 14. The 10 calls remain strait long kickers. This new butterfly is the only addition to this weeks strategy since Friday, big smiles )
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 essentially removes the 12 short body completely and creates one twice as large at 14 bucks.
This leaves us with long legs for the week 9 and 10 and 15 and 16. And a big short body at 14. The 10 calls remain strait long kickers. This new butterfly is the only addition to this weeks strategy since Friday, big smiles )
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 !!