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Buying Swing: covering the short on 140 puts at .07 from .

Posted: Mon Apr 02, 2012 12:44 pm
by MMASSASSIN
Buying Swing: covering the short on 140 puts at .07 from .23 so about 75% profit ) the reason I'm locking it in is to tool up the short now to 141 with a new credit spread.

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 !!