Selling Swing: creating creating credit spread rolling down

Here is where we post regarding stock picks on our swing trading ideas, from multi-day to multi-week both stock and option calls and puts, on the Nasdaq or NYSE.
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MMASSASSIN
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Selling Swing: creating creating credit spread rolling down

Post by MMASSASSIN »

Selling Swing: creating creating credit spread rolling down to 615 weekly calls through 620 weekly calls at .75 oversized spread and locking in profits on 625 weekly calls trough 630 calls credit spread at about 60% profit. big smiles this is the second time we rool down the credit spread on calls so we have locked in 1.1x oversized profits on the calls already, not to mention being up 150% about on the long 600 calls that are almost in the money now. Earlier today we added another oversized stake to the 600 calls so am not 2x oversized on those.

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 !!