Selling Long Term: will try to enter short leg of Dec FSLR

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MMASSASSIN
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Selling Long Term: will try to enter short leg of Dec FSLR

Post by MMASSASSIN »

Selling Long Term: will try to enter short leg of Dec FSLR 75 80 cDS call = debit spread today and and tomorrow . Would like to enter around 5.20-.50 area, she has a wide spread. We entered into this mid term play back in may with only the long 75 calls that we left exposed. Now we wish to protect some of the profits as we failed to break resistance around 72.50.

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 !!