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Buying Swing: AGGRESSIVE STRATEGY re covering the short 55

Posted: Wed Jan 23, 2013 2:56 pm
by MMASSASSIN
Buying Swing: AGGRESSIVE STRATEGY
re covering the short 555 body at 2.72-95 same contract amount as we did earlier today. average was about 2.85 so now every 26 cents we gain we make 1x oversized. so again we will short this again at the close to remove risk and hopefully make the plays free into tonight earnings.

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 !!