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Selling Swing: adding SPY 130 June calls at .43 OVERSIZED sa

Posted: Fri Jun 10, 2011 10:30 am
by MMASSASSIN
Selling Swing: adding SPY 130 June calls at .43 OVERSIZED same calls that we entered into at .70 making the position now 2x oversized, they expire next week. The market has fallen dramatically today and am losing strongly, but believe we can time a bounce today. So have on close watch right now 128 today expire and 129 today expire calls on close watch to time that bounce intraday.