Buying Swing: buying 610 weekly puts at 1.95-2.05 trough 2

[MMASSASSIN]

Buying Swing: buying 610 weekly puts at 1.95-2.05 trough 2x oversized. And shorting 625 weekly calls at 2.85-.78 turning what was a bullish positioning into a fully bearish plays. We still may get chopped up but the long leg on the puts is larger since it is one leg part of what should become either a debit spread trough 605 or a butterfly also 605 body. Debit only at close if we fall and butterfly if this pullback and double top terns out to be a shake and we push higher. the third option on strength would be to short 615 puts and put us into a iron condor . Here we have a lot of flexibility but temporarily am now more inclined to think we fall than run hence already fully bearish positioning.

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 !!