Selling Swing: turning puts butterfly into a credit spread
Posted: Wed Jul 18, 2012 12:37 pm
Selling Swing: turning puts butterfly into a credit spread by exiting the 600 July puts at 1.80 and moving that leg down to 590 by buying those at .42 area.
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 !!