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Buying Swing: buying SPY 216 calls 5x oversized and SPY 218

Posted: Wed Aug 03, 2016 9:44 am
by MMASSASSIN
Buying Swing: buying SPY 216 calls 5x oversized and SPY 218 calls twice the contract amount with intention of butterflying 217 calls before the close

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 !!