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Buying Swing: buying 610 July calls at 3.90 same contract

Posted: Thu Jul 19, 2012 11:30 am
by MMASSASSIN
Buying Swing: buying 610 July calls at 3.90 same contract amount as short 615 calls . earlier today we exited locking in profits on the 620 calls at .75 so this puts us in a debit spread bullish. Also exiting shorting 605 calls at 1.00 , earlier today exited the 595 short so now with this new short have a higher up credit spread on puts.

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 !!