Selling Swing: double shorting the SPY 207 puts at .95 area

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MMASSASSIN
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Selling Swing: double shorting the SPY 207 puts at .95 area

Post by MMASSASSIN »

Selling Swing: double shorting the SPY 207 puts at .95 area and buying 206 puts at .60 area. We entered the 208 puts at .81 and we get to double short the 207 puts at .95. this makes the butterfly free and highly profitable )

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 !!