Buying Swing: buying 127 weekly puts at 1.17-.18 same contract amount as the short on SPY 126 weekly puts to create protection and a profit driver as the market lose there footing. This makes a very large position on the SPY 127 weekly calls
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 !!
Buying Swing: buying 127 weekly puts at 1.17-.18 same cont
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