Selling Swing: selling selling 121 weekly puts at .84 area

[MMASSASSIN]

Selling Swing: selling selling 121 weekly puts at .84 area from .54 area 100% profit while buying 119 weekly puts at .45 area same contract amount and buying 126 weekly calls at .56. OVERSIZED . Ok sorry for the earlier tweet I thought my long leg was 122 but it was 121s . OK what we did was last week create a credit spread 123 calls trough 121 calls now we are down strongly on that strategy but I still think we bounce and do not fall bellow 123 so what we are doing is locking in the profits on the long leg, then moving the long leg further down in strike to 119 as not to leave the position naked credit spread. Now the long 126 calls position is for a bounce play that may be only a day trade after we so fast erased all of fridays gains. Am here positioning to erase some of the losses over the weekend.

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 !!