Selling Swing: shorting 127 weekly puts at .58-.54 2x over

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MMASSASSIN
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Selling Swing: shorting 127 weekly puts at .58-.54 2x over

Post by MMASSASSIN »

Selling Swing: shorting 127 weekly puts at .58-.54 2x oversized credit spread trough 126 puts. I have not yet entered the 126 long leg but would with to get them at .25 area. The reason Im making this twice the spread money allocation as usual is to fully hedge the 2x oversized long stake on 129 calls against sideways action.

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 !!
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