Selling Swing: AGGRESSIVE strategy 2 trade b shorting 540

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: AGGRESSIVE strategy 2 trade b shorting 540

Post by MMASSASSIN »

Selling Swing: AGGRESSIVE strategy 2 trade b
shorting 540 puts making what was intended to be a of 535 pDS into a 540 pCS instead, at 6.50 area. This garrentes that we won't make money on the puts credit spread but we can erase most of the losses. But the long calls 565 calls position is offsetting the full loss. This long calls leg if we keep bouncing can become a free play by the time we turn it into a debit

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 !!