Selling Swing: creating debit spread to protect the long 5

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.
User avatar
MMASSASSIN
Trading for living
Posts: 5599
Joined: Thu Jan 29, 2009 1:30 am
Contact:

Selling Swing: creating debit spread to protect the long 5

Post by MMASSASSIN »

Selling Swing: creating debit spread to protect the long 535 weekly puts by shorting 525 weekly puts at .55 area. Big smiles on our bearish market bets

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 !!