Buying Swing: buying 115 weekly puts at .33 and creating c

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.
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MMASSASSIN
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Buying Swing: buying 115 weekly puts at .33 and creating c

Post by MMASSASSIN »

Buying Swing: buying 115 weekly puts at .33 and creating credit spread 138 weekly calls trough 139 calls at .50 spread. Market popped very strongly today and has some resistance at 138.42 and 138.50.

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 !!