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

Posted: Fri Jun 24, 2011 1:02 pm
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 !!