Buying Swing: covering short on 605 calls at 10.00 area so
Posted: Wed Apr 25, 2012 2:02 pm
Buying Swing: covering short on 605 calls at 10.00 area so now the position is 100% bullish with no protection. and bought a new 615 through 620 debit spread at 1.75 oversized. I believe that now the chances of a close at 620 are stronger but unfortunately as I send this the 605 calls are down to 8.90 so would of been able to exit cheaper.
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 !!