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Selling Swing: creating full butterfly again on by shortin

Posted: Wed May 09, 2012 3:51 pm
by MMASSASSIN
Selling Swing: creating full butterfly again on by shorting 555 weekly puts at .75-.71same contract amount as the long 560 . full butterfly overnight, for when you remove part of the body you have to make sure you renter the body of the butterfly before 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 !!