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Selling Swing: shorting 127 weekly puts at .75-.72 OVERSIZ

Posted: Wed Jan 04, 2012 10:17 am
by MMASSASSIN
Selling Swing: shorting 127 weekly puts at .75-.72 OVERSIZED trough 126 puts at .39 area this brings up the total short at 4X OVERSIZED at .75-.54 . I can not add any more to these shorts, if it were to work against me I would double the contract amount of the long 126 leg. as I send this out 127s are at .83 and long is at .45

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 !!