Buying Swing: covering short on 50 Nov calls at 1.60 area
Posted: Wed Nov 16, 2011 11:20 am
Buying Swing: covering short on 50 Nov calls at 1.60 area and going long at 1.63 OVERSIZED, also holding the long 49 calls that we entered into at .35 and that are now 2.30 ) so now no bearish protection and adding long 50 position long , huge humungus smiles on this one.
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 !!