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Buying Swing: shorted 645 calls at 9 bucks and above against the great 620 calls profits, first Strat debit short 645

Posted: Tue May 11, 2021 6:06 am
by MMASSASSIN
Buying Swing: shorted 645 calls at 9 bucks and above against the great 620 calls profits, first Strat debit short 645 at 9.00, then create 645 680 cCS at 6.97. This essentially moves short body from 680 to 645, then finally exit remaining 680 690 cCS at .90. That removes everything we had bullishly before and leaves us with a 625 645 700 cB as a perfect protection to out puts positions

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 !!