Buying Swing: buying a tight 375 Friday expire cB 5 buck spread twice the contract amount of the existing 360 pB. this cB = call butterfly is meant to be a trader and if we market shows strength we do not need to hold this one into Friday close but rather lock it ion as bullish hedge profit vehicle.
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 !!
Buying Swing: buying a tight 375 Friday expire cB 5 buck spread twice the contract amount of the existing 360 pB. this
- MMASSASSIN
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