Selling Swing: selling 605 weekly calls at 1.40 and sellin
Posted: Thu Apr 19, 2012 12:15 pm
Selling Swing: selling 605 weekly calls at 1.40 and selling 610 at 1.50 plus covered short on 600 at 5.70 taking a loss there adding 590 at 1.85 OVERSIZED . So in other words taking small losses on the long positions from today and bigger losses on the short on 600 puts but holding the 590 leg to make it stronger bearishly for multi day has turned negative on my formulas on so am now 100% bearishly placed on .
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 !!