Selling Swing: at the close things got messy , covered the
Posted: Tue Aug 30, 2011 4:15 pm
Selling Swing: at the close things got messy , covered the short on 121 weekly calls at a loss at 1.75 then right at the close here shorted 124 weekly calls same contract amount as the longs on 122 and 123 weekly calls to have a proper debit spread. there is trading for 15 min after market on SPY options. Also here shorting 118 weekly puts same contract amount as long on 119 weekly puts.
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 !!
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 !!