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Selling Swing: shorted 235 calls at 7.00 area same contrac

Posted: Mon Mar 17, 2014 2:21 pm
by MMASSASSIN
Selling Swing: shorted 235 calls at 7.00 area same contract amount as the old 240 245 cDS. So earlier we had removed the 245 short for the debit now we end up with a low risk credit with only 1x risk of loss.

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 !!