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Buying Swing: covered earlier today SPY 116 weekly calls sh

Posted: Fri Oct 07, 2011 10:21 am
by MMASSASSIN
Buying Swing: covered earlier today SPY 116 weekly calls short at .88 area so now the long 114 weekly calls is released. Good data when all expected a huge increase in unemployments so removed my hedge to be fully positioned bullishly the market. Big smiles on the SPY 114 weekly calls we are now deep in the money. As far as NFLX letting the rock hour pass before making any moves but positive news with AMC content but here she is down.

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 !!