Selling Swing: creating 176 178 180 cB using the 650% profits on 176 to double short 178 at .50 and buy 180s at .05-.06 area this protects 470% oversized profits, plus if we move higher we have an enormous profit potential. and finally we can always roll down the body and the far out leg to collect more latter on if we do not have follow trough. This strategy should be very strong on closing theta and vega shift. So strong that we may be able to roll down the body before close. Plus if we were to move higher the max profit potential would be 984% max profit so about 1000% 10X gain at 178.
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 !!
Selling Swing: creating 176 178 180 cB using the 650% profi
- MMASSASSIN
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