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Buying Day Trade: shorting GOOG 530 weekly puts at 1.30 are

Posted: Fri Jul 08, 2011 2:31 pm
by MMASSASSIN
Buying Day Trade: shorting GOOG 530 weekly puts at 1.30 area 2x oversized, today every long position has lead to losses, after a big volatility open the volatility disappeared and have lost on every long position since. Went long GOOG 335 weekly calls at .40 average earlier and now wish to erase the loss by instead of going long another position do what is easiest and short premium. Very frustrating day for me today so shifted back to a short strategy

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 !!