Selling Swing: sold the 164 puts at 1.13 area and bought 1
Posted: Wed Jun 19, 2013 3:05 pm
Selling Swing: sold the 164 puts at 1.13 area and bought 162.50 puts at .55 area. as I send this we are down on this play and we are down on removing part of the calls body. perhaps we went bullish to early. If we have to create bearish protection then next step would be to enter short 165.50 short instead of the 166.50 body on the calls side.
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 !!
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 !!