Selling Swing: turning puts butterfly into a credit spread

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MMASSASSIN
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Selling Swing: turning puts butterfly into a credit spread

Post by MMASSASSIN »

Selling Swing: turning puts butterfly into a credit spread by exiting the 600 July puts at 1.80 and moving that leg down to 590 by buying those at .42 area.

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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