Selling Swing: sold 570 weekly calls at 3.80-3.72 and sold

[MMASSASSIN]

Selling Swing: sold 570 weekly calls at 3.80-3.72 and sold 565 weekly calls at 7.00 area so we locked in about 13 x OVERSIZED pure profits from going bullish calls on friday. After that we went ahead and bought 565 weekly puts at 3.00 area same contract amount as the 560 puts credit spread to make an open body butterfly. as mentioned in the morning post this was the strategic shift we would do if turned more bearish. this is a late post sorry was on the phone, was only able to mention into the audio cc but didn't have time to write the strategic shift for the chat till now. Unfortunately at one point in the day we could of at the highs had twice the profits north of 28 x oversized on the calls plays 565 and 570s that started friday, but still exilent week and with the new 560 puts as per the morning post strategy were now doing quite well on this pullback. again this is a very late post but shows strategy.

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 !!