Selling Swing: selling 400 395 pDS at 4.96 , 4 cents from max profit. Remember this is the same play that we legged st

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MMASSASSIN
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Selling Swing: selling 400 395 pDS at 4.96 , 4 cents from max profit. Remember this is the same play that we legged st

Post by MMASSASSIN »

Selling Swing: selling 400 395 pDS at 4.96 , 4 cents from max profit. Remember this is the same play that we legged starting with last week entering the 400 put at market highs, then entering the short locking in great profits. This clears out the play as we continue to hold next weeks 490 485 pDS that we have twice the contract amount financed by but a fraction of the profits we have collected from the old strait long 400 for next week that we also locked in early.

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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