Buying Swing: locking in profits on weekly 550 and 597.50

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: locking in profits on weekly 550 and 597.50

Post by MMASSASSIN »

Buying Swing: locking in profits on weekly 550 and 597.50 calls by turning it into a huge butterfly at 600 and buying 650 calls for additional wing. ENORMOUS SMILES PLAYGROUNDERS . This is strategy from sub 390s and should left all with uniquely large profits

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 !!