Buying Swing: buying 570 trough 565 weekly puts debit spre

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 570 trough 565 weekly puts debit spre

Post by MMASSASSIN »

Buying Swing: buying 570 trough 565 weekly puts debit spread at 1.20 and before the close will short more 565 weekly puts since we have the older 570 puts position from 1.87 that I wish to protect by also terming into a debit spread.

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 !!