Selling Swing: Locking in 2500% OVERSIZED profit here by sh
Posted: Thu Aug 14, 2014 3:55 pm
Selling Swing: Locking in 2500% OVERSIZED profit here by shorting SPY 195.50 calls butterfly body instead of 195 full double short. That creates 194 195.50 197.50 cB call butterfly. Remember the original spread from friday was .04 so every .04 is a full oversized profit. We also still have the SPY 196 196.50 cDS that has served as a kicker so far allowing us to have the credit risk on the top side ) an enormous week to say the least ).
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 !!