Selling Swing: locking in 1x oversized profit by opening bu

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: locking in 1x oversized profit by opening bu

Post by MMASSASSIN »

Selling Swing: locking in 1x oversized profit by opening butterfly puts and turning into credit spread. selling 600 weekly puts at 2.90-.70 area from 1.95 and moving that leg down to 590 strike at .56 area. This creates a huge credit spread 595 trough 590 weekly puts

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 !!
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