Selling Swing: AGGRESSIVE STRATEGY turning 460 cB into cOB
Posted: Tue Mar 19, 2013 11:54 am
Selling Swing: AGGRESSIVE STRATEGY
turning 460 cB into cOB by covering the full 460 body at 1.47-.65 locking in profits there with the intent of reentering them at a higher premium or at an oversized loss mental stop. was waiting for to fall to 451.50 pivot point but with the market falling sharply due to Euro problems.
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 !!
turning 460 cB into cOB by covering the full 460 body at 1.47-.65 locking in profits there with the intent of reentering them at a higher premium or at an oversized loss mental stop. was waiting for to fall to 451.50 pivot point but with the market falling sharply due to Euro problems.
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 !!