Selling Swing: removing the 240 calls long position wing

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MMASSASSIN
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Selling Swing: removing the 240 calls long position wing

Post by MMASSASSIN »

Selling Swing: removing the 240 calls long position wing of the butterfly , we can do this since we still hold long term 150 180 and 190 calls, will add to the 145 calls short leg to work as a full hedge on our long term stakes

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 !!