Selling Swing: AGGRESSIVE STRATEGY shorted the 455 calls a
Posted: Thu Jan 24, 2013 2:47 pm
Selling Swing: AGGRESSIVE STRATEGY
shorted the 455 calls at 3.95 area twice the contract amount of our puts positions. so we have a larger short on calls than puts where we erase risk if we pin 550. Unfortunately if we bounce we won't profit from it.
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 !!
shorted the 455 calls at 3.95 area twice the contract amount of our puts positions. so we have a larger short on calls than puts where we erase risk if we pin 550. Unfortunately if we bounce we won't profit from it.
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 !!