Buying Swing: Buying Dec monthly 220 double shoring 240 against the Jan 260 calls cC B= creating a call Calendar butter
Posted: Fri Nov 11, 2022 11:57 am
Buying Swing: Buying Dec monthly 220 double shoring 240 against the Jan 260 calls cC B= creating a call Calendar butterfly .
We are doing this against the profits we already have on the 260 calls we entered into when we hit our fib a few days back. Big smiles on that plus the new weekly cB works to cover the space inbetween for continuation if it’s there to be had.
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 !!
We are doing this against the profits we already have on the 260 calls we entered into when we hit our fib a few days back. Big smiles on that plus the new weekly cB works to cover the space inbetween for continuation if it’s there to be had.
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 !!