Buying Swing: were insanely bullish SPY into the close and

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MMASSASSIN
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Buying Swing: were insanely bullish SPY into the close and

Post by MMASSASSIN »

Buying Swing: were insanely bullish SPY into the close and we are considering holding all the longs the 194 195 and double shorting the 196 leg. and buying 198 against it, except I’m adding a 197 198 cDS call debit spread to remove some of the 198 long and move part of it to 197. This leaves us with a
194 195 wings 196 huge short body 198 wing butterfly and a debit to reduce credit risk. We are now moving away from intraday bullish positioning for a more bearish and sideways positioning protective stance.
The whole strategy will come out free )

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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