Selling Swing: covering then going long 126 weekly calls a
Posted: Thu Dec 29, 2011 3:01 pm
Selling Swing: covering then going long 126 weekly calls at .47 oversized and buying next week 129 weekly calls at .24 area Also sold 125 weekly puts at .25 area at a loss the same options that were up about 200% yesterday . Earlier sold 630weekly puts at .40 area at a strong loss . Sorry for not sending out messages timely today but these SPY bullish bets here I'm making right now, the long on 126 tomorrow expire calls and the long on 129 next week calls. I find it hard to see after the markets built to go green for the year for us not so close green for the year.
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 !!