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Selling Swing: reentering debit spread by shorting 575 we

Posted: Tue Jun 05, 2012 3:51 pm
by MMASSASSIN
Selling Swing: reentering debit spread by shorting 575 weekly calls same contract amount as the long 570 weekly calls at 1.84 area. to help protect against theta overnight. We already have the short on puts that have helped out today.

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 !!