Buying Swing: covering 850 puts at 1.40 area, were locking

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MMASSASSIN
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Buying Swing: covering 850 puts at 1.40 area, were locking

Post by MMASSASSIN »

Buying Swing: covering 850 puts at 1.40 area, were locking in profits on the credit spread with intent of reentering this play on a possible pullback towards 850 again tomorrow . Either way its been great profits. we will also exit the 845 puts at the close to be out of both legs of the credit.

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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