Buying Swing: buying SPY 216 calls 5x oversized and SPY 218

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:

Buying Swing: buying SPY 216 calls 5x oversized and SPY 218

Post by MMASSASSIN »

Buying Swing: buying SPY 216 calls 5x oversized and SPY 218 calls twice the contract amount with intention of butterflying 217 calls before the close

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 !!