Buying Swing: covered short 170 puts at 5.30-6.15 so about

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MMASSASSIN
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Buying Swing: covered short 170 puts at 5.30-6.15 so about

Post by MMASSASSIN »

Buying Swing: covered short 170 puts at 5.30-6.15 so about 3X oversized profit. We will hold the long 565 puts leg since we did bounce but we have not seen bullish follow trough after a huge gap, we wish to position bearishly again for a possible partial gap cover.

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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