Selling Swing: shorting creating a cCS by shorting 190 cal

[MMASSASSIN]

Selling Swing: shorting creating a cCS by shorting 190 calls at 6.50-6.00 same contract amount as the 195 calls. Now we are up big on the 195 calls that we legged into when hit our target of 185, were up 645 % oversized, yea 6X OVERSIZED profits, and by creating this credit we could lose all of it if we close thursday above 195. But if we pull back again to 190 we stand to now make 1400% profit. So rather than lock in 6.45X OVERSIZED gain, we move towards 14.28X Gain potential on a pullback. If we were to see a close today above 195 today, that would be highly bullish for since that is a big support level and today would turn out to be a huge shakeout candle. If that was to happen we would do some strong bullish positioning from there.

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 !!