Selling Swing: shorting 55 Dec calls at 1.37-.20 vertical
Posted: Tue Dec 13, 2011 10:37 am
Selling Swing: shorting 55 Dec calls at 1.37-.20 vertical trough Dec 57.50 calls at .35 area OVERSIZED the spread, sorry for the late post but mentioned it timely in the cc. GMCR can fall much more so any short on calls even after this fall should lead to 100% gain . Wanted to buy some 50 puts swell but that slipped away from me, would only enter those if we bounced.
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 !!