Selling Swing: AGGRESSIVE STRATEGY selling 435 at 3.77-.70
Posted: Fri Mar 01, 2013 10:40 am
Selling Swing: AGGRESSIVE STRATEGY
selling 435 at 3.77-.70 big smiles from .45-.55 area then we shorted 435 puts at 2.35-.15. yesterday we had locked in the short leg and made this into a long leg to decrease risk on a butterfly with a leg further out. but since we had so menu more long puts than shorts we were able to short the 435 puts. This is trying to time a bottom.
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 435 at 3.77-.70 big smiles from .45-.55 area then we shorted 435 puts at 2.35-.15. yesterday we had locked in the short leg and made this into a long leg to decrease risk on a butterfly with a leg further out. but since we had so menu more long puts than shorts we were able to short the 435 puts. This is trying to time a bottom.
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 !!