Selling Swing: we exited the long leg of SPY 198 198.50 pDS
Posted: Fri Jul 25, 2014 10:25 am
Selling Swing: we exited the long leg of SPY 198 198.50 pDS at .60 leaving the position naked for a little then we wish to exit the short leg at .05. This way we collect very close to max profit on what was a free debit, so 4.5X oversized profit.
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 !!