Selling Swing: double shorting the SPY 206 puts and buying

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MMASSASSIN
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Selling Swing: double shorting the SPY 206 puts and buying

Post by MMASSASSIN »

Selling Swing: double shorting the SPY 206 puts and buying 205 puts against the 206.50 puts we entered at 1.22 earlier today. This gives us a butterfly with a credit risk and makes the position overall bullish or sideways action in best.

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 !!
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