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Selling Long Term: We bought SCTY 36 and 40 January calls 4

Posted: Wed Dec 16, 2015 10:09 am
by MMASSASSIN
Selling Long Term: We bought SCTY 36 and 40 January calls 4x oversized OVER 100X OVERSIZED PROFIT.
now buying 62.50 calls and double shorting 50 calls twice the contract amount of both 36 and 40 calls put together .
We went bullish well before the climate summit at SCTY lows after her earnings . Now after well over 100x overused pure profit we must start protecting this position.
also buying January 55 60 65 cB 4X Oversized
plus extra January 62.50 calls 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 !!