Selling Swing: butterflying by double shorting 1090 calls at 11.30-10.15 against the 1050 calls we entered at 12.20 and

[MMASSASSIN]

Selling Swing: butterflying by double shorting 1090 calls at 11.30-10.15 against the 1050 calls we entered at 12.20 and 14.80 with a long at 1130 strike at 2.50
This gives us locked in profits on what was an aggressive 20x bounce position below fib 1050 magnet
And we end up with a 1050 1090 1130 cB = call butterfly that is free and has max profit of an additional 40 bucks.
Remember yesterday we bought a 1090 1050 1010 pB that is up huge today, so a 40 point put butterfly that is now only increasing in value as theta dose its thing with todays action. We now have a nice hedge bullishly at the 1090 point where before we had a valley of death more or less guaranteeing profits within a huge zone into tomorrow.

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 !!