Buying Swing: selling 182 puts at 1.25 same contract amoun

[MMASSASSIN]

Buying Swing: selling 182 puts at 1.25 same contract amount as the 183 puts. This means we are both protecting the 183 puts profits 1000% oversized profits , yep 10X OVERSIZED profits, from today alone ). Plus we are locking in the long 182 calls from yesterday so another 1.65X oversized locked in there. Remember when hit 184.20 we went bearish with the 183 put debit leg in, so we timed the top as well as we could of. This ended up creating a 2 body butterfly with a small body at 182 and larger body at 181.50. Remember the 182 puts was part of a 182 181.50 181 butterfly that we made free and guaranteed profits yesterday, this locks in the 182 long leg while shorting the remainder to make it the same sell as the 183 long from earlier today. The reason why some options end up short is since the 183 puts had a spread in mind of only .12 making that position larger, and the 182 had a spread in mind of .20. Hence now the long 183 and 181 are wings with a body 182 and 818.50. ).

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 !!