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Selling Swing: locked in about 65% profit on 600 trough 60

Posted: Fri Jul 13, 2012 12:01 pm
by MMASSASSIN
Selling Swing: locked in about 65% profit on 600 trough 605 weekly calls and rolling them up to 605 trough 600 weekly calls at 2.75 also 2x oversized. so we have locked in a nice 1.25x oversized profit on this day trade and now have another potential 2x that we can make on the credit spread alone.

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 !!