Selling Swing: creating 145.50 pCS at .14 spread long at .
Posted: Tue Sep 25, 2012 10:55 am
Selling Swing: creating 145.50 pCS at .14 spread long at .45 and .30 areas so now we have a long SPY position for possible rally and a credit spread to hedge against theta at a level we would not ming butterflying.
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 !!