Selling Swing: covered 122 weekly calls short at .38 from
Posted: Thu Sep 01, 2011 4:06 pm
Selling Swing: covered 122 weekly calls short at .38 from .60 this helped out greatly to remove losses for the week. For remember the 122 weekly calls was same contract amount as all the longs that 123 longs and 125 longs that we entered into at .14 making the short on SPY 122 weekly calls greater in money allocation than the entry on all the long positions to date this week. I am still at a loss for the week but now half as much of a loss as before.
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 !!