Selling Swing: creating debit spread on the long 560 next

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MMASSASSIN
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Selling Swing: creating debit spread on the long 560 next

Post by MMASSASSIN »

Selling Swing: creating debit spread on the long 560 next week puts weekly puts by here shorting 555 next week puts at 4.15 area . And buying 139 trough 140 calls at .25 spread. and we tock huge losses on the 580 trough 570 credit spread but the long on 560 next week options helped to erase 1/2 of the losses plus the long 570 puts . At the close

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 !!
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