Selling Swing: Huge smiles on long term january 545 calls

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.
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MMASSASSIN
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Selling Swing: Huge smiles on long term january 545 calls

Post by MMASSASSIN »

Selling Swing: Huge smiles on long term january 545 calls now 2000% profit.
We shorted the 145 weekly calls same contract amount as the long 145 jans at 1.90-.74 . this is what we will do intraday at possible tops from now on to collect a paycheck.So each week we will short calls, often only intraday , sometimes for swings and allow this long january 545 calls that we have held long term to serve as a basis for additional profits. We remain bullish on and do not mind exiting this short instantly if we pass the day highs.

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 !!