Selling Swing: BIG SMILES ON bounce created 145 cCS by sh

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MMASSASSIN
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Selling Swing: BIG SMILES ON bounce created 145 cCS by sh

Post by MMASSASSIN »

Selling Swing: BIG SMILES ON bounce created 145 cCS by shorting 145 at 5.35-.20 same contract amount as the 150 long add from today. This creates a HUGE credit spread with little risk of loss. about 1.5x loss potential for a 7X profit potential ) , nothing nicer than a almost free credit spread.

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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