Selling Swing: doubling short 165 puts at 1.25 area turn 1

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MMASSASSIN
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Selling Swing: doubling short 165 puts at 1.25 area turn 1

Post by MMASSASSIN »

Selling Swing: doubling short 165 puts at 1.25 area turn 165 cO2B into cB. This way we can profit from a move down without turning swing bearish just yet. big smiles when we shove to have 2 open butterflies overnight on and , now there both closed but the butterfly remains bullish as a hedge to the bearish turn we did here.

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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