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Selling Swing: shorted 507.50 puts against the long to ent

Posted: Tue Jan 28, 2014 3:57 pm
by MMASSASSIN
Selling Swing: shorted 507.50 puts against the long to enter a free credit again at 6.30-.15
. we already have about 5x oversize profits on the 505 puts and now wish to lock it in and create additional profit potential on a bounce

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 !!