Selling Swing: adding back debit spread short 580 weekly c

Here is where we post regarding stock picks on our swing trading ideas, from multi-day to multi-week both stock and option calls and puts, on the Nasdaq or NYSE.
User avatar
MMASSASSIN
Trading for living
Posts: 5599
Joined: Thu Jan 29, 2009 1:30 am
Contact:

Selling Swing: adding back debit spread short 580 weekly c

Post by MMASSASSIN »

Selling Swing: adding back debit spread short 580 weekly calls at 1.60 area the close as per strategy to protect the big big profits on the 570 calls plus rolling up the credit spread on puts up to 540 trough 535 weekly puts. Huge smiles a great beginning of the week.

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 !!