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Selling Swing: we entered into the full double short 212.5

Posted: Thu May 01, 2014 1:22 pm
by MMASSASSIN
Selling Swing: we entered into the full double short 212.50 calls at 3.50 instead of using 2 strikes this time around. This put us in a profit protection mode and a more bearish stance. at the close we would like to replace the 217.50 long leg with a 215 long leg.

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 !!