Buying Swing: covered the short on 138 weekly calls at .55
Posted: Thu Apr 12, 2012 12:53 pm
Buying Swing: covered the short on 138 weekly calls at .55 calls a 5 cent loss and sold the 138 weekly puts at .32 mental stop. Thats ok the TLT 115 puts are gaming very nicely I am adding to a much higher risk 114 weekly puts long oversized at .19-.22 for think bonds can here collapse . big smiles on the TLT 115s they are now .59 and in the money from out .33 entry.
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 !!