Selling Swing: shorted 600 calls at 18.00against the 610 calls we entered at 4.20-5.30 giving us a free credit spread with profits guaranteed instead of exiting the position with 30X oversized profit . we now turned the bullish play into a free bearish play. We are looking to cover 1/2 of the puts short body 585 next
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 !!
Selling Swing: shorted 600 calls at 18.00against the 610 calls we entered at 4.20-5.30 giving us a free credit spread
- MMASSASSIN
- Trading for living
- Posts: 5599
- Joined: Thu Jan 29, 2009 1:30 am
- Contact: