Selling Swing: locking in 90% profit on puts credit spread
Posted: Mon May 21, 2012 10:44 am
Selling Swing: locking in 90% profit on puts credit spread then rolling up the spread by creating new short weekly 520 trough 515 puts at .45 cent credit spread spread. I entered the short leg first have not yet entered the long leg this way we can build up the spread as moves higher. Then will lock in the profits on the 495 485 puts credit spread were locking in 90% profit
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 !!
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 !!