Selling Swing: creating a 115 ------pB-------- by shorting

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MMASSASSIN
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Selling Swing: creating a 115 ------pB-------- by shorting

Post by MMASSASSIN »

Selling Swing: creating a 115 ------pB-------- by shorting 115 at 8.00-7.40 remember we bought 125 puts at 1.90-2.00 so 700% gain. then we bought 105s few min ago now we do double short 115s giving us the potential of an additional 800% 8x profit if we bounce back towards 115 into friday. yea those are far out wings 125 long 115 short 105 long.The max profit on this play is about 1200% so 12 OVERSIZED if we were to expire friday at 115, but no matter what we are locking in a lot of profits here.

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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