Buying Swing: buying back 1/2 of the 620 calls long at 1.4
Posted: Fri Aug 10, 2012 3:33 pm
Buying Swing: buying back 1/2 of the 620 calls long at 1.40-.50 with mental stop at .70 that would be oversized additional loss. cant get the whole amount it would be to big of a stake to take on this chase. if this docent work then al the profits from SPY would be erased making this a flat week.
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 !!