Selling Swing: turning 655 cB into a cCS by exiting 650 at

[MMASSASSIN]

Selling Swing: turning 655 cB into a cCS by exiting 650 at 4.60-.65 and buying 660 at 1.55-.70 area. This is a intraday bearish bet with intent of reentering the 650 long leg at 2.50 if we have a retrasement. Now this is higher risk , so if we push back above 647 with a full body of a 15 min candle here, then am considering reentering this 650 long leg but holding the 660 also as a bullish kicker. As I send this out these 650 calls are back up to 5.20 so this play is working against us. But that earlier 655 short really helped work in our favor buying us time. I feel that there is a good chance of intraday shake so will wait for this 15 min candle to close.

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 !!