Selling Swing: entered short leg of 96 95.71 pDS at .09 ear

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MMASSASSIN
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Selling Swing: entered short leg of 96 95.71 pDS at .09 ear

Post by MMASSASSIN »

Selling Swing: entered short leg of 96 95.71 pDS at .09 earlier, premium decay wiped out what at one time was 3x oversized intraday profit. We called the pullback well , but unfortunately did not fall enough to make the math align for a credit spread. Once the profit went away we wanted to keep the bearish protection and chose to close up the risk with the short.

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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