Selling Swing: created 455 cCS by shorting the 155 calls a
Posted: Tue Oct 29, 2013 1:44 pm
Selling Swing: created 455 cCS by shorting the 155 calls at 6.50 area same contract amount as the 160 long. This credit spread has now no risk of loss, should of done it at 8.00 area but hesitated.There is the possibility of this becoming a huge daily shakeout candle if we move to 162.80 area.
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 !!