Selling Swing: creating credit spread OVERSIZED on 550 wee
Posted: Tue May 29, 2012 11:05 am
Selling Swing: creating credit spread OVERSIZED on 550 weekly puts at 1.43 trough 545 weekly puts at .75 so about 68 cent spread because I legged in, got lucky but still think its good at .45-.50 cents spread. Huge smiles on on bullish bets for both weekly and monthly strategy on from friday healing us already over 100% gain on the weekly debit spread. On that weekly calls debit spread 580 trough 590 am considering letting go of the 590 short leg if we get any real retrasement on .
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 !!