Selling Swing: shorted 600 calls at 18.00against the 610 calls we entered at 4.20-5.30 giving us a free credit spread

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.
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MMASSASSIN
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Selling Swing: shorted 600 calls at 18.00against the 610 calls we entered at 4.20-5.30 giving us a free credit spread

Post by MMASSASSIN »

Selling Swing: shorted 600 calls at 18.00against the 610 calls we entered at 4.20-5.30 giving us a free credit spread with profits guaranteed instead of exiting the position with 30X oversized profit . we now turned the bullish play into a free bearish play. We are looking to cover 1/2 of the puts short body 585 next

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 !!