Buying Swing: buying tomorrow expire SPY 360 355 350 pB at .60 same contract amount as the existing this Friday expire 360 pB = put butterfly. We have a big fib extension at 360 that shuld serve as a strong friday market magnet, and with tis play we can look to exit this tomorrow if we wick bellow that point
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 !!
Buying Swing: buying tomorrow expire SPY 360 355 350 pB at .60 same contract amount as the existing this Friday expire
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