Buying Swing: covering short leg of SPY 196 195 pDS put deb
Posted: Mon Jul 21, 2014 1:37 pm
Buying Swing: covering short leg of SPY 196 195 pDS put debit spread. By removing the short leg here at SPY 197.30 with intention of reentering before the close , giving us a stronger bearish hedge. If we push higher we can short 195.50 to reduce exposure
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 !!