Buying Swing: locking about 75% profit on the short 131 we

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: locking about 75% profit on the short 131 we

Post by MMASSASSIN »

Buying Swing: locking about 75% profit on the short 131 weekly puts and rolling it up to an oversized short 132 weekly puts at .58-.50. this wil be a 132 trough 131 credit spread but for now have not rolled up the long leg . will so so when we can get less premium out of the 132s looking for lower premium

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 !!