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Selling Swing: creating credit spread on 580 weekly calls

Posted: Mon May 14, 2012 1:59 pm
by MMASSASSIN
Selling Swing: creating credit spread on 580 weekly calls trough 585 weekly calls with a .56 area spread OVERSIZED. This is adding to the bearish positioning on but close enough to tern into a butterfly if market was to show enough strength

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 !!