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Selling Swing: shorting 380 Nov puts at 1.95 area 2x overs

Posted: Fri Nov 18, 2011 11:04 am
by MMASSASSIN
Selling Swing: shorting 380 Nov puts at 1.95 area 2x oversized the spread trough 375 weekly puts at .25 area. OK am continuing the bullish strategy but with the possibility of 380 final magnet am putting twice the money allocation on this short since if we pin to 380 then still will have 1x profit in the end.

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 !!