Selling Swing: entered rest of 535 calls body at 3.40-.30

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MMASSASSIN
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Selling Swing: entered rest of 535 calls body at 3.40-.30

Post by MMASSASSIN »

Selling Swing: entered rest of 535 calls body at 3.40-.30 and in so doing we lock in about 7.2X oversized profits, and and that to the max profit potential. Its not quite as nice as a 5.00 short but wish to protect against theta. We remain bullish and think that the potential for continuation remains high.

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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