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Selling Swing: we turned NVDA 145 calls into a 145 149 152.

Posted: Tue May 30, 2017 11:19 am
by MMASSASSIN
Selling Swing: we turned NVDA 145 calls into a 145 149 152.50 cB by buying 152.50 and double shorting 149 calls against the 145 exposed position from last week. Big smiles on NVDA. We are essentially locking in profits and will now profit further bullishly or on premium decay

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 !!