Selling Swing: shorting weekly 570 calls at 1.87 area same

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MMASSASSIN
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Selling Swing: shorting weekly 570 calls at 1.87 area same

Post by MMASSASSIN »

Selling Swing: shorting weekly 570 calls at 1.87 area same contract amount as the 145 Jan calls. This way we still make 10 bucks if we move higher on the long ter side but we allow the short term to give us premium decay profits every week, in this case possible profit about 2.5X oversized.

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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