Selling Swing: selling 128 calls at .32-.30 and .26 from .

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MMASSASSIN
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Selling Swing: selling 128 calls at .32-.30 and .26 from .

Post by MMASSASSIN »

Selling Swing: selling 128 calls at .32-.30 and .26 from .13 so put to 148% profit and selling 127 weekly calls at 1.15 area 105% profit so we made on todays day trades 2.5 X oversized profits but more importantly also sold the rest of a huge 127 position from yesterday and that was of size enough to compete with a 8x oversized short puts . Plus it seams like the have a full 100% profit on the 127 SPY puts shorts that we locked in 1/2 of yesterday but today that should be 100% profit. So al in all after taking losses on other longs like 129 spy calls this week we should end up with a full 21X OVERSIZED pure profit week ). Last week we lost but this week more than makes up for it big smiles ). This is why in options sizing small controlled positions is vital because U have to be able to take losses for when it works in your favor the $ returns are worth it.

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 !!