Buying Swing: Buying SPY Jun 13 190/140 debit spread for 1.

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.
ctinvestor
Posts: 230
Joined: Wed Apr 27, 2011 8:24 pm

Buying Swing: Buying SPY Jun 13 190/140 debit spread for 1.

Post by ctinvestor »

Buying Swing: Buying SPY Jun 13 190/140 debit spread for 1.20 fill. I'm buying this as a hedge for my long term portfolio I've been working on since 2009. Risk Reward is 1.20:4.80. Breakeven on the trade is at 188.20.
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