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Selling Swing: creating debit spread on by shorting 565

Posted: Thu May 10, 2012 3:58 pm
by MMASSASSIN
Selling Swing: creating debit spread on by shorting 565 weekly puts at 1.11 and 1.28 1.42 . this more or less removes 2/3 of the risk of the long 570 puts we entered into.

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 !!