Selling Swing: Creating a Credit Spread by selling 440 put
Posted: Wed Jan 25, 2012 10:23 am
Selling Swing: Creating a Credit Spread by selling 440 puts 1.35 area trough 435 puts at .40 area 2X OVERSIZED . am betting on not falling more and interim protecting the long on 460 calls against premium decay if we were to have sideways action. Have not yet aded the second long on 460s would like to get 35 cent area if she was to give it. So 2x on puts short to finance the soon to be 2x on calls longs.
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 !!
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 !!