Selling Swing: shorted the 507.50 puts at 5.55 area with a possible 5.5X oversized profits and no risk of loss. Chose not to short the 610 puts just yet since the premium is higher on the 607.50 puts.
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 !!
Selling Swing: shorted the 507.50 puts at 5.55 area with a
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