Buying Swing: covered the 122 short leg at 0.50 that we en

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MMASSASSIN
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Buying Swing: covered the 122 short leg at 0.50 that we en

Post by MMASSASSIN »

Buying Swing: covered the 122 short leg at 0.50 that we entered into at 2.00 and 1.80 areas yesterday. then we rolled down the short leg to the 121 leg at 1.00. Esentialy what this dose is bring down the cost of the cDS debit spread further . Huge smiles on our long 125 puts that now every .40 cent pullback amounts to another 100% gain. so we have now 1100% pure profits on the 125 puts HUGE 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 !!
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