Buying Swing: bought SPY 115 weekly puts at .85-.85 OVERSIZ
Posted: Wed Sep 28, 2011 2:10 pm
Buying Swing: bought SPY 115 weekly puts at .85-.85 OVERSIZED and shorted SPY 117 weekly calls at 1.40 area vertical trough 119 weekly calls at .50 area. Also when NFLX was losing its footing started by buying NFLX 130 puts at 3.90 area long same contract amount as the short on 125 puts short to move into butterfly but once we lost the day lows exited the short on SPY 125 weekly puts at 1.90 area . a lot of trades so could not tweet them all timely but tried to post intent 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 !!
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 !!