Selling Swing: AGRESSIVE STRATEGY moving the 505 puts shor

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.
User avatar
MMASSASSIN
Trading for living
Posts: 5599
Joined: Thu Jan 29, 2009 1:30 am
Contact:
Contact MMASSASSIN

Selling Swing: AGRESSIVE STRATEGY moving the 505 puts shor

Post by MMASSASSIN »

Selling Swing: AGRESSIVE STRATEGY
moving the 505 puts short up to 515 at 2.10-1.99 area so we locked in profits on the 505 at .55 area. this makes the 515 pCS much larger, and remember we still have the 500 long leg, we want to move that leg up to the 520 leg same contract amount at the close to create an of balanced higher up butterfly.

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 !!
Top

Return to “Swing for the Fences”