Selling Swing: selling 1/2 GMCR 49 weekly calls at 3.40-.10
Posted: Wed Nov 16, 2011 1:25 pm
Selling Swing: selling 1/2 GMCR 49 weekly calls at 3.40-.10 900% PURE PROFIT from .35 entry yesterday(NOT BAD FOR 2 DAY PLAY). This makes today a extraordinary day. the remaining 1/2 will continue to hold with intent of exiting it all if we reach 53s. We accumulated a stock that had fallen excessively for a bounce that today may continue higher still, the target remained 52.50-53.50 at witch point I would fully exit and look for some bearish bets. Great week thus far ) by the time I send this she is higher and the remaining stake has passed 1 thousand % gain ).
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 !!