Buying Swing: bought 51 puts at 1.27 same contract amount as the 45 outs , this way we can double short the 48.50 puts

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MMASSASSIN
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Buying Swing: bought 51 puts at 1.27 same contract amount as the 45 outs , this way we can double short the 48.50 puts

Post by MMASSASSIN »

Buying Swing: bought 51 puts at 1.27 same contract amount as the 45 outs , this way we can double short the 48.50 puts next and reduce risk but also looking at removing July puts exposure, keeping this butterfly as the only bearish stance

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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