Selling Swing: shorting 1205.50 body at 1.15-.90 plus the

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.
User avatar
MMASSASSIN
Trading for living
Posts: 5599
Joined: Thu Jan 29, 2009 1:30 am
Contact:

Selling Swing: shorting 1205.50 body at 1.15-.90 plus the

Post by MMASSASSIN »

Selling Swing: shorting 1205.50 body at 1.15-.90 plus the half body on 242.50 at 1.30-.20. So we end with butterfly with 2 bodies 242.50 and 245, and with we now have the butterfly body lower down at 242.50 line vs 245 . And now with the market fall it seams that put butterfly from friday 185 183 181 could work as a great hedge on bearish continuation.

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 !!