Buying Swing: adding weekly puts here at .45-.50 and some
Posted: Mon Nov 21, 2011 10:24 am
Buying Swing: adding weekly puts here at .45-.50 and some at .60 OVERSIZED. We are now 2x oversized since we started accumulating last week these same calls at these same levels. Last week GMCR was the one big home run that brought the week into good profits for did badly on every other play. A little disappointed even though we did make dinero last week so menu falling plays happened. Anyway last week we timed a bounce very feel and made 12x oversized profit for the bounce was so very strong, but believe that the bounce has come to an end and a big drop may be in the cards on GMCR so turning from bullish to strongly bearish from the start.
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 !!