Selling Swing: creating credit spread on 580 weekly calls

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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Selling Swing: creating credit spread on 580 weekly calls

Post by MMASSASSIN »

Selling Swing: creating credit spread on 580 weekly calls trough 585 weekly calls with a .56 area spread OVERSIZED. This is adding to the bearish positioning on but close enough to tern into a butterfly if market was to show enough strength

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 !!