Selling Swing: shorting GOOG 540 weekly calls at 2.60-.30 v

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MMASSASSIN
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Selling Swing: shorting GOOG 540 weekly calls at 2.60-.30 v

Post by MMASSASSIN »

Selling Swing: shorting GOOG 540 weekly calls at 2.60-.30 vertical trough 545 weekly calls at 1.10 area 2x oversized, to work as a hedge against sideways action on GOOG but this makes the position still fully bearish and am exposed to a further pop but think it has found a top. Have now a 4x oversized bearish stake overnight so taking a lot of risk bearishly on goog since we still hold the 520 puts that now are very far out of the money.

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 !!
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