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Selling Swing: taking loss on 180 weekly puts short at 4.3

Posted: Fri Nov 18, 2011 2:59 pm
by MMASSASSIN
Selling Swing: taking loss on 180 weekly puts short at 4.30 area big loss and will hold for now the long leg on 375s puts. am regretting not making this one off balanced. Am also taking a loss on 122 calls at .40 area ( then shorting at .35-.40 2x oversized This creates an iron condor, and if I wish to remove the short on puts I can while holding the long puts, am not doing that yet am now betting on 122 final expiery on

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 !!