Buying Swing: shorting 410 SPY Wednesday expire calls agains the 405 at 1.55 removing any risk of loss. Creating a cDS

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MMASSASSIN
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Buying Swing: shorting 410 SPY Wednesday expire calls agains the 405 at 1.55 removing any risk of loss. Creating a cDS

Post by MMASSASSIN »

Buying Swing: shorting 410 SPY Wednesday expire calls agains the 405 at 1.55 removing any risk of loss. Creating a cDS cal debit spread. our 405 calls that we entered at 1.35-.45 are now 3.26 but instead of locking in 100% profit on this aggressively positioned day trade, only wish to remove risk for now as to have additional bullish potential.

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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