Selling Swing: creating credit spread short 625 weekly cal
Posted: Fri Apr 27, 2012 3:45 pm
Selling Swing: creating credit spread short 625 weekly calls trough long 630 weekly calls at .97 spread oversized. Plus going long 600 weekly puts at 2.00 OVERSIZED. I wish to start focusing bearish on GOOG but just like SPY we can if it terns against us move into a iron butterfly by shorting closer to the money puts as we did this week.
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 !!