Selling Swing: created almost FREE 850 pCS by shorting the
Posted: Wed Oct 09, 2013 2:19 pm
Selling Swing: created almost FREE 850 pCS by shorting the 850 puts at 7.30-7.00 same contract amount as the 855 long leg. this is a way of locking in profits on the 855 calls that we have over 2x oversized profits on, but if we pull back bellow 850 brings up the profit potential to 4.5x oversized profits ).
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 !!
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 !!