Selling Swing: AGGRESSIVE STRATEGY turning 480 pB into 490

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MMASSASSIN
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Selling Swing: AGGRESSIVE STRATEGY turning 480 pB into 490

Post by MMASSASSIN »

Selling Swing: AGGRESSIVE STRATEGY
turning 480 pB into 490 and 480 cCS by by doing the same thing we did with calls, moving the body up 2 strikes. shorting 490s at 2.90 area and covering 480 at 1.10 area. Then we doubled the 490 pCS on the puts since the calls posits are so much larger at 2.40 for 490 and 1.55 for 485.

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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