Buying Swing: next week strategy has hit the 186 resistan

[MMASSASSIN]

Buying Swing: next week strategy
has hit the 186 resistance and even though the short interest is high and a move up into earnings seams very likely wish to create again some bearish protection. so doing a butterfly and a debit into next week puts.
1) buying 175 170 165 pB at around .45 spread
2) 170 165 pDS at around 1.10 spread.

on the calls side doing only a butterfly
185 190 195 cB at .60 area
Remember if we move move passed these levels then the long term 190 calls go in the money ).

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 !!