Selling Swing: shorting SPY 119 weekly puts at .81 vertical
Posted: Fri Sep 02, 2011 10:11 am
Selling Swing: shorting SPY 119 weekly puts at .81 vertical trough SPY 118 weekly puts at .30 area oversized the spread, by the time I send this the premiums have shifted a lot but mentioned timely in the cc. The strategy was if we approached day lows rubble the long leg and if we lost the lows then cover the short.
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 !!
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 !!