Selling Swing: shorting 126 weekly puts at .36 and .29 I w

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MMASSASSIN
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Selling Swing: shorting 126 weekly puts at .36 and .29 I w

Post by MMASSASSIN »

Selling Swing: shorting 126 weekly puts at .36 and .29 I wanted to short at .40s but markets never fell enough to give the premium on the puts. credit spread through 125 puts at .04 oversized the spread. There is again real resistance on 126.20 area where every body of every candle yesterday stayed bellow. This short on 126 puts can help hedge partly the long on 126 calls both today expire.

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 !!
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