Selling Swing: locking in 5X OVERSIZED profits by doubling

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:
Contact MMASSASSIN

Selling Swing: locking in 5X OVERSIZED profits by doubling

Post by MMASSASSIN »

Selling Swing: locking in 5X OVERSIZED profits by doubling the 220 puts at 1.30-1.10 turning the 225 220 215 pO2B into pB a perfect butterfly again. Now it has a smaller spread of .30 and by doing the bearish bet this morning we have collected intraday today about 5x oversized profit. We now shift again to create bullish positioning with 235 calls at .62.

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 !!
Top

Return to “Swing for the Fences”