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Buying Swing: turning the 530 puts leg into a wing on a 530

Posted: Wed Mar 05, 2014 3:57 pm
by MMASSASSIN
Buying Swing: turning the 530 puts leg into a wing on a 530 525 520 pB by buying 520 puts at .18 area same contract amount and double shorting the 525 puts at .60-.55

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 !!