Selling Swing: shorting SPY 121 weekly calls at 1.15 area v
Posted: Mon Sep 19, 2011 10:39 am
Selling Swing: shorting SPY 121 weekly calls at 1.15 area vertical trough 123 weekly calls at .48 area. Friday we went bearish trough long on SPY 118 weekly puts at 1.04 and they are now 1.67 plus thursday we bought 117 calls now also profitable, am considering protecting these positions by shorting 116 weekly puts same contract amount as 117 and 118 put together. Am pulling the trigger on that short now also.
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 !!