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Selling Swing: shorting 124 weekly puts at .40-.38 trough

Posted: Wed Dec 28, 2011 1:41 pm
by MMASSASSIN
Selling Swing: shorting 124 weekly puts at .40-.38 trough 123 puts at .18 area Creating IORN CONDOR since we have the credit spread on the calls already. I have not yet entered the long leg but wish to do it before the close around .18 area if it will give it.

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 !!