Buying Swing: exited 1/2 of the 595 weekly puts at 2.20 ar
Posted: Wed Jul 11, 2012 2:40 pm
Buying Swing: exited 1/2 of the 595 weekly puts at 2.20 area and before that we before the FOMC re-entered the 600 puts at 2.40 area as we said we would renter the 600 minuted before 2pm minutes. The exit of the 595 position was also due to the strategy of opening up the butterfly if day lows were lost. This has already brought us 700% pure profit with 500% oversized made in the last hour, big smiles.
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 !!