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Selling Swing: sold the SPY 206.50 puts at 2.55 area, this

Posted: Tue Jul 07, 2015 11:14 am
by MMASSASSIN
Selling Swing: sold the SPY 206.50 puts at 2.55 area, this leaves us with a credit spread on SPY puts now 205.50 short 205 long for this week and next week plus the 204 butterfly as bearish hedge.

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 !!