Selling Swing: removing debit short, covering 141 weekly c
Posted: Tue Aug 07, 2012 10:30 am
Selling Swing: removing debit short, covering 141 weekly calls at .52 area at a loss from .30 area but up nicely on the 140 weekly calls we entered into at .58 area friday are now 1.13 ). This makes our stake fully bullish just as we did with . we so far are up 2X Oversized on this strategy, but now were exposed. I think the odds are good for a continuation up but there is resistance here so we can easily yearn both and into credit spreads if we need to.
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 !!