Selling Swing: AGGRESSIVE strategy 2 trade b shorting 540
Posted: Mon Nov 12, 2012 12:54 pm
Selling Swing: AGGRESSIVE strategy 2 trade b
shorting 540 puts making what was intended to be a of 535 pDS into a 540 pCS instead, at 6.50 area. This garrentes that we won't make money on the puts credit spread but we can erase most of the losses. But the long calls 565 calls position is offsetting the full loss. This long calls leg if we keep bouncing can become a free play by the time we turn it into a debit
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 !!
shorting 540 puts making what was intended to be a of 535 pDS into a 540 pCS instead, at 6.50 area. This garrentes that we won't make money on the puts credit spread but we can erase most of the losses. But the long calls 565 calls position is offsetting the full loss. This long calls leg if we keep bouncing can become a free play by the time we turn it into a debit
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 !!