Selling Swing: entered short leg of SPY 198.50n 198 pDS put

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MMASSASSIN
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Selling Swing: entered short leg of SPY 198.50n 198 pDS put

Post by MMASSASSIN »

Selling Swing: entered short leg of SPY 198.50n 198 pDS put debit spread at .25 area same price as the long, making the spread free even though still .10 spread in mind as oversized. at the high we were up close to 2x oversized but choosing to keep the bearish debit overnight since we have the butterfly for max profit at 199 with 188 and 200 as wings ) now we can not lose no matter what on SPY.

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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