Buying Swing: covering short leg of SPY 196 195 pDS put deb

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MMASSASSIN
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Buying Swing: covering short leg of SPY 196 195 pDS put deb

Post by MMASSASSIN »

Buying Swing: covering short leg of SPY 196 195 pDS put debit spread. By removing the short leg here at SPY 197.30 with intention of reentering before the close , giving us a stronger bearish hedge. If we push higher we can short 195.50 to reduce exposure

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 !!
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