Buying Swing: covering short then adding OVERSIZED GS 170 ca

Here is where we post regarding stock picks on our swing trading ideas, from multi-day to multi-week both stock and option calls and puts, on the Nasdaq or NYSE.
User avatar
MMASSASSIN
Trading for living
Posts: 5599
Joined: Thu Jan 29, 2009 1:30 am
Contact:

Buying Swing: covering short then adding OVERSIZED GS 170 ca

Post by MMASSASSIN »

Buying Swing: covering short then adding OVERSIZED GS 170 calls at 1.19-.29. The short from 2.30 were here locking in the profits on this short, but still had a long position have been this morning accumulating to to make the overall stake a 2X oversized now long position on GS 170 calls . Here the bet is the same as originally derived, a short covering bounce and as mentioned at open, a buy the news event after all the anticipation to this GS congressional hearings.