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Buying Swing: buying 570 trough 565 weekly puts debit spre

Posted: Thu May 10, 2012 3:32 pm
by MMASSASSIN
Buying Swing: buying 570 trough 565 weekly puts debit spread at 1.20 and before the close will short more 565 weekly puts since we have the older 570 puts position from 1.87 that I wish to protect by also terming into a debit spread.

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 !!