Buying Swing: adding 610 calls at .88 - 1.00 oversized tod
Posted: Fri Jul 06, 2012 9:52 am
Buying Swing: adding 610 calls at .88 - 1.00 oversized today expiery with intent of exiting it at 2.50 area , Earlier locked in profits on the 610 short at 1.30 area and went long 1x oversized this leaves a 2x oversized new entry. betting on intraday volatility, as I send this out these same options are down to .56 cents but have choosing to hold them trough the opening hour. And am long the 605 calls since that was part of the new butterfly we entered into when shorting the 610 calls at close
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 !!