Buying Swing: covering short GLD 151 weekly puts at 6.60 ar

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 GLD 151 weekly puts at 6.60 ar

Post by MMASSASSIN »

Buying Swing: covering short GLD 151 weekly puts at 6.60 area HUGE LOSS but we already locked in the profits on the 149 weekly puts and we will keep riding the 147 now in the money puts swell as the 146 puts still out of the money all expiring today. Should of stuck to the original bearish biest from thursday .

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 !!