Selling Swing: AGGRESSIVE STRATEGY locking in 3X OVERSIZED

[MMASSASSIN]

Selling Swing: AGGRESSIVE STRATEGY
locking in 3X OVERSIZED profits on the 15.50 puts at 1.30 that we entered into on friday at .30. turning 14.50 pB into 14.50 pCS,- Since we del to 14 and we had 14 as a kicker we can now exit the long leg without any risk of loss. Now if we were to have a BBRY bounce we can profit even further from premium going away from 14.50 short leg thats twice the contract amount. Big smiles on BBRY were up 5x on this one this week with a very conservative low risk strategy ). We did well to go bearish at the close friday with this fall in mind.

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 !!