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Buying Swing: buying SPY 213.50 puts at .55 area 4x oversi

Posted: Wed Sep 21, 2016 3:01 pm
by MMASSASSIN
Buying Swing: buying SPY 213.50 puts at .55 area 4x oversized 2x mental stop with intention of turning into a credit spread if we fall back and 214.50 puts gain up to 1.20-1.55

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 !!