Page 1 of 1

Buying Swing: locking about 75% profit on the short 131 we

Posted: Wed Jun 27, 2012 11:43 am
by MMASSASSIN
Buying Swing: locking about 75% profit on the short 131 weekly puts and rolling it up to an oversized short 132 weekly puts at .58-.50. this wil be a 132 trough 131 credit spread but for now have not rolled up the long leg . will so so when we can get less premium out of the 132s looking for lower premium

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 !!