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.buying swing C at 3.55 2X oversized stock stake. A few days

Posted: Thu May 14, 2009 12:48 pm
by MMASSASSIN
.buying swing C at 3.55 2X oversized stock stake. A few days back I sold a 2X oversized stock stake on C at 2.70 I am here buying it back and since the price is lower but the money allocation is the same its translating to a larger position $-). On my formulas now C is on the verge of multi day buy signals that have not yet cleared so I am placing mental stops at 3.47 area. as I have explained in the chat room im expecting the real positive move in the markets towards higher option magnets to come begin here and last into expiration. big smiles so far $-).