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Buying Swing: trying to buy SPY 215 puts .52 area 4x oversi

Posted: Wed Oct 05, 2016 12:16 pm
by MMASSASSIN
Buying Swing: trying to buy SPY 215 puts .52 area 4x oversized and 213 puts same contract amount creating a pOB put open body butterfly, with intention of double shorting the 214 puts if we pull back . And mental stop 2x oversized.

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 !!