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Buying Swing: creating credit spread on 680 weekly calls a

Posted: Wed Apr 11, 2012 3:49 pm
by MMASSASSIN
Buying Swing: creating credit spread on 680 weekly calls at 3.80 area trough 685 weekly calls at 2.80 plus buying debit spread april puts 580 trough 575 at .65 spread. going bearish. this week short calls next week long puts debit spread for incase GOOG disappoints.

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 !!