Buying Swing: bought long call long position on 460 weekly
Posted: Wed Jan 25, 2012 10:02 am
Buying Swing: bought long call long position on 460 weekly calls at .54 area OVERSIZED, with intention of adding to these calls again with only 2 days till expiery. We still hold the 445 weekly calls and we have 100% profit on the 390 trough 380 puts spread that was 2x oversized. The earnings on were to strong and am betting on us getting back above 460 before the close. As I send this out the calls are down to .45 and I have not yet added to the 460s but will get a second entry in soon enough.
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 !!