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Buying Swing: AGGRESSIVE STRATEGY buying 165 pDS at .09 OV

Posted: Mon May 20, 2013 3:54 pm
by MMASSASSIN
Buying Swing: AGGRESSIVE STRATEGY
buying 165 pDS at .09 OVERSIZED this works as a hedge on the positions,
and at the close we are here locking in profits on 425 pCS at over 50% profit. that means we have now rolled up the puts credit spread 2 times now first time 75% profit now 50% . leaving us with a 430 pCS with 425 long leg

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 !!