Selling Swing: shorting SPY 119 weekly puts at .81 vertical

Here is where we post regarding stock picks on our swing trading ideas, from multi-day to multi-week both stock and option calls and puts, on the Nasdaq or NYSE.
User avatar
MMASSASSIN
Trading for living
Posts: 5599
Joined: Thu Jan 29, 2009 1:30 am
Contact:
Contact MMASSASSIN

Selling Swing: shorting SPY 119 weekly puts at .81 vertical

Post by MMASSASSIN »

Selling Swing: shorting SPY 119 weekly puts at .81 vertical trough SPY 118 weekly puts at .30 area oversized the spread, by the time I send this the premiums have shifted a lot but mentioned timely in the cc. The strategy was if we approached day lows rubble the long leg and if we lost the lows then cover the short.

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 !!
Top

Return to “Swing for the Fences”