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Selling Swing: locking in 80% profit on 545 weekly puts cr

Posted: Wed Jun 06, 2012 10:48 am
by MMASSASSIN
Selling Swing: locking in 80% profit on 545 weekly puts credit spread then rolling it up to by shorting 560 weekly puts trough 555 weekly puts at .77-.74 cent spread. So were here with apple strength we are increasing possible credit spread profits without increasing max loss possibility.

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 !!