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Buying Swing: rolling up credit spread on to 545 trough 54

Posted: Tue May 22, 2012 12:52 pm
by MMASSASSIN
Buying Swing: rolling up credit spread on to 545 trough 540 weekly puts at .46-.47 OVERSIZED and will lock in about 65% profit on 540 trough 535 weekly puts credit 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 !!