Buying Swing: adding 129 weekly calls at .49-.50 OVERSIZED
Posted: Tue Jan 03, 2012 9:48 am
Buying Swing: adding 129 weekly calls at .49-.50 OVERSIZED we entered initially last week at .23 and are up 100% already. The market breakout we saw as a possibility last week I believe is this week finally materializing. Am looking to accumulate strongly calls this week with another 2 entries lined up. We gaped up a lot so a pull back is very possible would add on a pullback or higher on strength confirmation. Wish to make a new 3 entries on these calls to bring us up to a full 4x oversized options stake this week expiery calls.n Am also looking to accumulate puts shorts to finance the call bets and protect against sideways possibility.
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 !!