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Selling Swing: AGGRESSIVE STRATEGY covering 460 puts short

Posted: Wed Feb 13, 2013 1:24 pm
by MMASSASSIN
Selling Swing: AGGRESSIVE STRATEGY
covering 460 puts short at 1.45 area. We are continuing to hold the strait long 455 leg that we entered into at .47-.50, but since the position is so large we have to have a mental stop to renter these 460s if they fall to 1.00.

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 !!