Buying Swing: MONTHLY STRATEGY going bearish gold by creati

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MMASSASSIN
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Buying Swing: MONTHLY STRATEGY going bearish gold by creati

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Buying Swing: MONTHLY STRATEGY
going bearish gold by creating a bit of a 157 puts calendar spread. Now were going long 2x oversized May 127 puts, and were shorting 1/2 the contract amount of the 130 2 weeks out weekly puts. Thats the week one week before monthlies expire. This gives us more puts long than short but a strong theta hedge with a lot of additional flexibility.

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 !!
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