Selling Swing: turning 450 pB into 2 pCS 560 and 450 by mo

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MMASSASSIN
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Selling Swing: turning 450 pB into 2 pCS 560 and 450 by mo

Post by MMASSASSIN »

Selling Swing: turning 450 pB into 2 pCS 560 and 450 by moving 1/2 of the short leg up to 460 at 7.15-6.40. The intention will be to turn both of these credit spreads into butterflies at the close, we again retraced so using it as a bullish opportunity.

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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