Selling Swing: aggressive strategy 4 trade a and b
late post, we are now in a 580 cCS- (spread of 1.15) 2.5X OVERSIZED with 680 short leg at 1.80 area 590 long leg at .65 area. We originally wanted to leg first with the long leg 590, and had a .45 spread in mind since we wanted to do a 585 cCS, but AAPL fell to fast and now we have to create a larger protection so by choosing the 580 for the short leg we made the position 2.5X oversized instead of just oversized. Meaning a move of .45 cents is an oversized move for us now.
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 !!
Selling Swing: aggressive strategy 4 trade a and b late pos
- MMASSASSIN
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