Buying Swing: bought by accident may cB SPY 405 415 425 cB 10x oversized when I meant to focus on a move into Next mont

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MMASSASSIN
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Buying Swing: bought by accident may cB SPY 405 415 425 cB 10x oversized when I meant to focus on a move into Next mont

Post by MMASSASSIN »

Buying Swing: bought by accident may cB SPY 405 415 425 cB 10x oversized when I meant to focus on a move into Next month April . What should be considered instead is a cDS 405 410 on April. I will look to buy the cDS also 10X but will be patient in exiting the butterfly. So now I can be more picky about entering the cDS as far as price since already have the butterfly placed. If we do not have bullish continuation by the close then will make sure to remove the trade that was made in error. If we do have bullish follow trough we will still look to exit the butterfly tomorrow.

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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