Selling Swing: sold all the SPY 120 weekly calls at .55-.52

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.
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MMASSASSIN
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Selling Swing: sold all the SPY 120 weekly calls at .55-.52

Post by MMASSASSIN »

Selling Swing: sold all the SPY 120 weekly calls at .55-.52 area tock a loss here ( it was worth it to attempt a bounce that may still come. Now waiting for multi day negatives before I exit the 117 weekly calls that we still hold. Todays moves have not been profitable for me , GLD moved higher and here attempted a bearish position, and covered the 119 SPY calls at a bad point.

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 !!