Buying Swing: removing the debit leg from strategy by, cov
Posted: Mon May 21, 2012 12:52 pm
Buying Swing: removing the debit leg from strategy by, covering short on 580 weekly calls at .36-.39 area and holding our long 570 leg with nothing to hold back . Passing 548 was critical support resistance. if we have a strong closing hourly candle above then would add another oversized to the 570 long leg.
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 !!