Selling Swing: shorted 380 weekly calls at 7.35 area creat

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MMASSASSIN
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Selling Swing: shorted 380 weekly calls at 7.35 area creat

Post by MMASSASSIN »

Selling Swing: shorted 380 weekly calls at 7.35 area creating a cB call butterfly 375 380 385 and cCS call credit spread 380 385 . So I am no longer bullishly placed but will be quick to add to the 385 leg if we see more strength. Am using the spike in premium as a premium short opportunity

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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