Selling Swing: shorting 545 puts at 3.00-2.90 same contrac
Posted: Fri Feb 14, 2014 1:10 pm
Selling Swing: shorting 545 puts at 3.00-2.90 same contract amount as the 542.50 puts this creates a almost no risk credit spread. Now this is all designed to protect the huge profits we have on the 540 cB that can max out at 2100% profit but gar antes now 1800% even if we move higher since above 552.50 we have a secondary profit driver. Now if we move higher than 545 we make a even higher profit as to the design of todays closing strategy ). Big Enormous smiles for an exigent week.
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 !!