Selling Swing: AGGRESSIVE STRATEGY Today as hovered at 84
Posted: Wed May 15, 2013 11:04 am
Selling Swing: AGGRESSIVE STRATEGY
Today as hovered at 84 we liquidated all the calls. This is calls from 52.50 55 60 75 80 exetera. Calls that we entered into when was trading in low 40s and all the way up to the 75 and 80 strike calls we did the other week. With deep in the money calls we have found ourselves being assigned stock more than once, and having to exit the stock and reentering the options a few times, and now there is no need to do so any more.
also we threw in another bearish gamble of may 70 puts at .35 OVERSIZED. Just for incase we get a sharp pullback.
So far has been very strong. and am considering buying may 95 calls as a gamble swell because my formulas have turned multi day negatives, but I have never tested them during a short squeeze. If we were to see continuation would not want to be on the sidelines missing 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 !!
Today as hovered at 84 we liquidated all the calls. This is calls from 52.50 55 60 75 80 exetera. Calls that we entered into when was trading in low 40s and all the way up to the 75 and 80 strike calls we did the other week. With deep in the money calls we have found ourselves being assigned stock more than once, and having to exit the stock and reentering the options a few times, and now there is no need to do so any more.
also we threw in another bearish gamble of may 70 puts at .35 OVERSIZED. Just for incase we get a sharp pullback.
So far has been very strong. and am considering buying may 95 calls as a gamble swell because my formulas have turned multi day negatives, but I have never tested them during a short squeeze. If we were to see continuation would not want to be on the sidelines missing 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 !!