Selling Swing: creating credit spread rolling down 140 wee
Posted: Mon Apr 30, 2012 11:23 am
Selling Swing: creating credit spread rolling down 140 weekly puts trough 141 at .45 cents the spread and locked in the short on 141 weekly puts trough 142 weekly puts at 45% profit. the market pulled back as we predicted and now will with each pullback lock in profits on the calls credit spreads and move them lower as falls and will hold the long 138 puts. Im doing the same with GOOG
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 !!