Selling Swing: selling SPY 121 Oct calls at 2.78 area from

[MMASSASSIN]

Selling Swing: selling SPY 121 Oct calls at 2.78 area from .75 entry so 266% profit on a 2x oversized stake and shorting SPY 123 Oct calls at .95 area vertical trough SPY 124 Oct calls at .30 area. The SPY 121 weekly calls was 266% profit out of that we have 2x oversized position so thats 5.32x oversized profit minus the loss on the 120 calls short that we covered yesterday when we held the 121 long leg, and the loss on 122 calls that we exited today at 1.45 area. So in total the profit on this play comes down to 3X OVERSIZED Profit. In regards to NFLX we are doing very well , for on puts we have a credit spread on puts short 110 Oct puts trough 105s and short 115 Oct calls from earlier in the week trough 120s, in essence creating an iron condor. Plus yesterday we added a long 110 weekly calls so betting bullishly with premium help working out great . Next steep will be to exit the 110 Oct calls on NFLX .

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 !!