Selling Swing: AGGRESSIVE STRATEGY covering short leg of 1

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MMASSASSIN
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Selling Swing: AGGRESSIVE STRATEGY covering short leg of 1

Post by MMASSASSIN »

Selling Swing: AGGRESSIVE STRATEGY
covering short leg of 154.50 cCS at 1.62-.64 area. But holding the long 155 leg. This is the credit spread we made almost free yesterday by entering the short leg after being strongly profitable on the long leg. Now after the FOMC wish to have a more bullish market stance but ready to renter the short at 154.50 or chose to make this into a debit spread = cDS by shorting instead 155.50s as the short leg instead at the close.

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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