Selling Swing: sold all the SPY 120 weekly calls at .55-.52
Posted: Thu Sep 08, 2011 3:12 pm
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 !!
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 !!