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Selling Swing: shorting 185 calls at 5.50 area same contra

Posted: Mon Nov 04, 2013 2:04 pm
by MMASSASSIN
Selling Swing: shorting 185 calls at 5.50 area same contract amount as the 180s we covered today at 5.40. We could chose to renter the 580s at 7.40 here making this a guaranteed profit play but were choosing to rubble the ultimate profit potential by turning the play into a 175 - 185 cDS = call debit spread .

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 !!