Selling Swing: created 455 cCS by shorting the 155 calls a

Here is where we post regarding stock picks on our swing trading ideas, from multi-day to multi-week both stock and option calls and puts, on the Nasdaq or NYSE.
User avatar
MMASSASSIN
Trading for living
Posts: 5599
Joined: Thu Jan 29, 2009 1:30 am
Contact:
Contact MMASSASSIN

Selling Swing: created 455 cCS by shorting the 155 calls a

Post by MMASSASSIN »

Selling Swing: created 455 cCS by shorting the 155 calls at 6.50 area same contract amount as the 160 long. This credit spread has now no risk of loss, should of done it at 8.00 area but hesitated.There is the possibility of this becoming a huge daily shakeout candle if we move to 162.80 area.

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 !!
Top

Return to “Swing for the Fences”