Selling Swing: AGGRESSIVE STRATEGY selling 435 calls leg

[MMASSASSIN]

Selling Swing: AGGRESSIVE STRATEGY
selling 435 calls leg at 11.20-10.90 turning the 440 cB into a 440 cCS with 2 long legs both 445 and 450. Now if we move up we will enter back into the 435 calls at 12.00 on an option day high. Now yes we entered these calls at .75 area meaning that we now are locking in minimum 34.5 X OVERSIZED profit, but that number is deceptive due to the shorts were down on 440s. And for those of us who did 2x on this play last week the profits were locking up is double that, so 66X OVERSIZED PROFIT, so to say this is a big week for us that is an understatement. HUGE ENORMOUS SMILES ).

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 !!