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Buying Swing: SPY next week bullish strategy we already hav

Posted: Fri Jul 10, 2015 3:52 pm
by MMASSASSIN
Buying Swing: SPY next week bullish strategy
we already have 207.50 and 210 calls for next week
now were buying 213 calls same contract mount as both strikes put together and making a big short at 211 calls. Creating a huge butterfly were we are already in the money on the closest in strike but have profit potential continuing into 211

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 !!