.selling swing (SHORT close) +BYOFO at .1 BAC 15 strike June
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.selling swing (SHORT close) +BYOFO at .1 BAC 15 strike June
.selling swing (SHORT close) +BYOFO at .1 BAC 15 strike June calls. Shorting these calls at .18 oversized and here locking in the profits at .01 were effectively removing the loss on the long position with the short protection. The new strategy is helping out greatly, yesterday sold all the +APVFL AAPL calls short at .01 locking in the profits and removing all the loses on that play aswell. This new strategy im here implementing of carefully shorting options positions that appear to have the potential of complete loss out of the money on expiration has this month greatly helped. The next move im looking at is to add a second long oversized stake on +BYOFO BAC 14 calls at .05 if that level clears for I still believe the next options magnet should be the higher 14 strike one. I am not planing on shorting these calls but rather double down money allocation. This week options control all things market and magnets the price of all stocks with options trading so knock knock knock on wood.