Buying Swing: buying 442 440 438 pB twice the contract amount of the regular butterfly, but to do this I had to do 2 or
Posted: Thu Sep 07, 2023 11:49 am
Buying Swing: buying 442 440 438 pB twice the contract amount of the regular butterfly, but to do this I had to do 2 orders, the first enough to remove the 440 long leg, the second enough for the rest . Remember we are upon nicely on the 448 444 440 pB we entered into Friday at .50 now around 1.80. This removes a great deal of risk while adding bearish fall profit area, on 1k to 1 mill challange account.
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 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 !!