Selling Swing: yesterday at close when we created the butt

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: yesterday at close when we created the butt

Post by MMASSASSIN »

Selling Swing: yesterday at close when we created the butterfly the clears on rubble short were 172 puts at 1.03-.95 and we went long the 169 at .40 area. Now were considering rolling up the body if the market holds todays build. We would move both out of the money leg and body possibly moving the body up to 173 or 174.

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 !!