Selling Swing: shorting weekly 685 / 690 calls credit spre
Posted: Mon Aug 27, 2012 2:40 pm
Selling Swing: shorting weekly 685 / 690 calls credit spread, 685s at 1.85-.75 690s at 1.15 area and and on puts buying 650 puts at 1.30 area 1.14-.30 almost 3x oversized at 1.10-.30. On the puts this the long leg of what ail become before the close a GOOG weekly debit spread 650 / 645. We will get the 645 short leg latter on in the day at the close if goof falls again , and that would be the ideal senerio. But if shows strength then we enter the short leg faster
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 !!