Selling Swing: shorting 123 calls at .49 to create debit s

[MMASSASSIN]

Selling Swing: shorting 123 calls at .49 to create debit spread on our 121 calls now up 200% ).See a negative intraday on the markets after this big gap and run. The short on @SPY is the same contract amount as the long to create the debit spread and remove risk of loss while remaining bullish SPY. Finally after a week that was for me very red, the continued betting on a gap up finally worked with this 200% gain we now have on SPY calls and if we pull back would look to accumulate to the long position to make the debit spread temporally unbalanced, then before the close probably adding to the short, hence protecting profits overnight. Also am watching AAPL for a possible short on 370 puts credit spread plus possible long calls positions. We saw a very strong black friday kicking off the holiday season stronger than expected so the market could be in for a good swing after a pullback here.

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 !!